Biden rule tells power plants to cut climate pollution by 90 percent — or shut down
The administration is launching Washington’s most ambitious effort in almost a decade to reduce the nation’s second-largest source of greenhouse gases — and hopes this one will survive in court.
The Biden administration is announcing a climate rule that would require most fossil fuel power plants to slash their greenhouse gas pollution 90 percent between 2035 and 2040 — or shut down.
The highly anticipated regulation being unveiled Thursday morning is just the latest step in President Joe Biden’s campaign to green the U.S. economy, an effort that has brought a counterattack from Republicans and coal-state Democratic Sen. Joe Manchin. That’s on top of efforts by Biden’s agencies to promote the use of electric cars, subsidize green energy sources like solar and wind and tighten regulations on products including gas stoves and dishwashers.
The draft power plant rule from the Environmental Protection Agency would break new ground by requiring steep pollution cuts from plants burning coal or natural gas, which together provide the lion’s share of the nation’s electricity. To justify the size of those cuts, the agency says fossil fuel plants could capture their greenhouse gas emissions before they hit the atmosphere — a long-debated technology that no power plant in the U.S. uses now.
Of course these 2 images have nothing in common they are completely independent of one another.
Putting food on the table has become harder than ever thanks to “Bidenomics.” As costs for everyday items continue to rise, American families are struggling more and more to foot the bill.
Fed’s Preferred Core Inflation Gauge rose by slightly more than expected in March
The 3-month annualized rate jumped to 4.4% from 3.7% in February
The 3-month annualized Supercore PCE jumped to 5.5% in March, the highest level since December 2022
More👇https://t.co/sQtKEMVdOJ pic.twitter.com/SMS51T2yBw— Global Markets Investor (@GlobalMktObserv) April 28, 2024
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