Prematurely retiring coal-fired power plants will 'exacerbate the risk of power outages,' power industry group says
The Biden administration unveiled highly-anticipated regulations targeting fossil fuel-fired power plant emissions in an action it said would improve public health, but lead to higher electricity prices.
The new carbon pollution standards — published Thursday morning by the Environmental Protection Agency (EPA) — would mainly impact coal- and natural gas-fired power plants and curb carbon dioxide emissions by about 617 million metric tons through 2042, the equivalent carbon footprint of 137 million passenger vehicles, according to the agency.
EPA's regulations are projected to have "climate and health benefits" worth $85 billion and reduce ther amount of air pollutants and soot in the air.
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