IN-PERSON CLASSROOM SEMINARS

• The seminar starts with a brief overview of environmental regulations, related regulatory bodies and legislation that gave rise to these rules.
• How the Clean Air Act gave rise to current Environmental Protection Agency (EPA) regulation of acid rain pollutants (sulfur dioxide and nitrogen oxide) and mercury.
• How the EPA's new proposed rules on carbon emissions (Climate Change) might be rolled out, and how state regulators could be involved in the process.
• Review state level renewable portfolio standards (RPSs), and how these rules differ among the states, as well as potential conflicts of RPSs with federal environmental regulation.
• How the states currently work with the federal government in regulating acid rain pollutants.
• How regulation of shale gas extraction is changing (power companies are among the largest consumers of natural gas).

• We will cover the impact of these current and potential regulations on the industry as a whole, sub-sectors, non-environmental regulators and consumers.
• How the new carbon rules will affect wholesale power markets and end-users.
• What markets already exist for the trading of sulfur dioxide and nitrogen oxide credits, and how a market(s) could arise for carbon credits.
• How will new carbon and evolving rules on other pollutants result in the closure of coal plants and potential reliably issues.
• What effect carbon rules will have on the management and profitably of wholesale generators vs. vertically integrated utilities vs. T&D companies.
• How state public utility commissions currently deal with federal environmental standards in rate making processes, and how will the expected increase in wholesale power prices impact allowed returns.
• What role Regional Transmission Operators (e.g. PJM, ERCOT and NYISO) play in current environmental activities, and what challenges and opportunities they may experience owing to EPA's proposed carbon rules.

This live group seminar is eligible for 14.0 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.