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The EPA is planning to finalize Federal plans for Greenhouse Gas Emissions from Electric Generating Units for States that do not submit plans or initial submittals by September 6, 2016. This plan is part of the President's June 2013 Climate Action Plan to reduce carbon emissions from the power sector by 30 percent below 2005 levels. This Federal plan serves to set in place a plan that the EPA can implement for States that do not develop a State plan. In a separate action, the EPA is finalizing model trading rules that the States can follow in developing their own plans in order to capitalize on the flexibility built into the final emission guidelines (EGs). The EPA intends to finalize both the rate-based and mass-based model trading rules in summer 2016. The EPA sees this Federal plan as an interim measure to ensure that congressionally mandated emission standards under authority of sections 111 and 129 of the Clean Air Act are implemented until States assume their role as the preferred implementers of the EGs. The EPA will finalize a Federal plan for only a given State in the event that the State does not submit an approvable plan by the deadlines specified in the final EGs and the EPA takes action finding that the State has failed to submit a plan, or disapproving a submitted plan because it does not meet the requirements of the EGs. Indeed, States may simply choose to accept a Federal plan for their sources rather than undertake the development of a plan of their own by not submitting a State plan. Under this final rule, a Federal plan promulgated for a particular State would take the form of either the mass-based model trading rule or the rate-based model trading rule.