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Last week, the EPA released a suite of long-awaited rules meant to cut down the carbon that the U.S. emits when generating electricity. The rules primarily target existing coal plants and new natural gas facilities, in many cases requiring dramatic emissions cuts that won’t be possible without an unprecedented deployment of carbon capture. (The new EPA proposals are part of an ongoing flurry of federal regulatory actions that must be issued by May 22 to minimize the possibility that they’ll be rolled back if Republican Donald Trump defeats President Joe Biden in November’s election.)

The EPA’s new power sector rules have been widely scrutinized for their potential impact on the country’s electric utilities, which have lately been drawing up plans to expand natural gas capacity in response to the growing electricity demand promised by new industrial facilities, AI-supporting data centers, and electric vehicle adoption. However, last week’s rules also contained substantial new controls on the pollution generated by the nation’s aging fleet of coal-fired power plants — as well as the toxins left behind by th... Read more

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