Breaking news: Power plants’ emissions would be nearly eliminated by 2040, cutting the U.S. carbon footprint, under an expected EPA proposal
The Biden administration soon will unveil a proposal to require power plants to nearly eliminate their greenhouse-gas emissions by 2040, a second try to regulate one of the country’s biggest contributors to climate change after the Supreme Court struck down the last attempt, according to three people familiar with the plans.
The agency has been planning an announcement for the coming days, but final details are in flux, and a formal proposal could be more than a week away, according to several people familiar with the planning. Turning that proposal into a final rule package would be likely to take months more, and, according to two of the people familiar with the details, many of the proposal’s most stringent standards would not take effect until the 2030s, giving industry years to come into compliance gradually.
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