EPA to work on GHG reporting rule

Buried in the $500 billion omnibus budget package signed into law by President Bush Dec 27 is a provision that requires EPA to establish a mandatory program that will require U.S. companies by mid-2009 to report their GHG emissions. The mandate in the omnibus budget package requires EPA to publish a draft GHG reporting rule by June 2008 and a final rule by June 2009. For details, see Diane Feinstein's press release.