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04.01.2009 Climate Change Policy & Carbon Finance Update EPA Issues Greenhouse Gas Endangerment Finding. On April 17, 2009, U.S. EPA proposed a long-awaited, though not unexpected, endangerment finding on greenhouse gas (GHG) emissions. The finding comes two years after the U.S. Supreme Court’s 2007 ruling in Massachusetts v. EPA directing U.S. EPA to conduct a review of GHG emissions from new motor vehicles to determine whether GHGs “contribute to air pollution that may endanger public health or welfare.” By making the endangerment finding, the EPA sets in motion a process to develop and promulgate rules to directly regulate GHGs pursuant to its existing authorities under the Clean Air Act. In proposing the finding, EPA Administrator Lisa Jackson said “this finding confirms that greenhouse gas pollution is a serious problem now and for future generations.” The finding is widely expected to spur Congressional action to develop and pass stand-alone climate change legislation capable of covering the enormous array of compliance and carbon market issues involved.

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