Search Results for keywords:"Regulation"

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Search Results: keywords:"Regulation"

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  • 2021-01796 — Rules of Practice and Procedure; Adjusting Civil Money Penalties for Inflation
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    Type:Rule
    Citation:86 FR 7235
    Reading Time:about 10 minutes

    The Farm Credit Administration (FCA) has implemented a rule to adjust civil money penalties (CMPs) for inflation. This adjustment is required annually by law to maintain the penalties' effectiveness as a deterrent. The penalties are related to violations under the Farm Credit Act and the Flood Disaster Protection Act. The new penalty amounts are $2,395 for certain violations of the Farm Credit Act and $2,252 for flood insurance-related violations, effective from January 15, 2021. These changes do not require public notice or comments because they are mandatory and noncontroversial.

    Simple Explanation

    The Farm Credit Administration changed the fine amounts for breaking certain rules to keep them fair and updated with money value changes; now, if someone breaks the rules, they have to pay $2,395 or $2,252, depending on what they did wrong.

  • 2021-00389 — Pollutant-Specific Significant Contribution Finding for Greenhouse Gas Emissions From New, Modified, and Reconstructed Stationary Sources: Electric Utility Generating Units, and Process for Determining Significance of Other New Source Performance Standards Source Categories
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    Type:Rule
    Citation:86 FR 2542
    Reading Time:about 86 minutes

    The U.S. Environmental Protection Agency (EPA) has finalized a rule stating that greenhouse gas (GHG) emissions from electric utility generating units (EGUs) significantly contribute to air pollution that endangers public health and welfare. This determination is based on a framework where EGUs, due to their large emissions, surpass the established 3-percent threshold of total U.S. GHG emissions. While other factors could also influence this decision, the major emissions from EGUs alone justify regulation. The rule does not expect to impact energy supply, costs, or emissions notably.

    Simple Explanation

    The EPA made a rule saying that power plants make a lot of greenhouse gases, which are bad for the air and make people sick, so it's important to control these gases to keep us safe.