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The move is designed to eliminate windfall profits for electricity generators.
Guardian Australia understands the official Climate Change Authority report will recommend Australia adopt an intensity-based trading scheme for electricity generators.
More diverse and abundant sources, which are making gas more coal-like, should also make it easier for electricity generators to switch from coal to gas.
The Edison Electric Institute, speaking for electricity generators, warns that the E.P.A.'s full slate of proposals could compel the industry to spend $129 billion on upgrades, force the closing of a fifth of coal generators, and lead to blackouts.
In a statement late on Sunday, Guangzhou Goaland Energy Conservation Tech, a producer of coolants for electricity generators, said its offering of shares worth up to 258.7m yuan (£28m) was 4,335 times oversubscribed.
The government is also setting "best practice" baselines for new businesses and a sector-wide baseline for electricity generators, and has pledged to complete the first of them by the end of the year.
But for the rest, the best way might, paradoxically, be what exists now: a threat that is real enough for electricity generators to price it into their future calculations without affecting their existing plants.The lack of new coal-fired capacity creates a real opportunity for alternatives, among them renewables.
The solution as envisioned by many organizations is to set up captive power plants for electricity generation or diesel generator set as a back-up, which is again not a clean energy.
More recently it sought $125 million in refunds from electricity generators for what it said were overcharges of California utilities.
I make several phone calls a day hunting for fuel for my car, diesel for the electricity generator waiting on standby to power the house, even cigarettes and vitamins.
The solution is to define on/off decisions and generation levels for each electricity generator of a power system for each scheduling interval.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com