By Yevgeny Shrago
The Environmental Protection Agency proposed a rule today that would effectively end the construction of coal-fired power plants in the United States. The rule, known as a new sources performance standard, will limit the carbon dioxide emissions per megawatt of electricity produced to 1000 pounds of carbon dioxide, nearly half the the coal plant average of 1,768, rendering it basically impossible to build a coal power plant without extremely advanced (and probably federally subsidized) scrubbing technology. Nuclear power, natural gas and renewables easily fall below these limits. Although some pundits are skeptical, if the screaming from industry is any indication, this rule will have some teeth, though it will have no effect on current plants or those slated to be finished this year. There are at least three things relating to Congressional obstruction to take away from such an aggressive rule.
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