The Biden administration is reportedly finalizing a proposal that would require fossil fuel-fired power plants to significantly reduce their carbon emissions by 2040 or face costly carbon capture technology. The proposed regulation, set to be released by the Environmental Protection Agency (EPA), would mark the first-ever federal action aimed at curbing power plant emissions.
While EPA spokesperson Maria Michalos declined to comment on the proposals currently under interagency review, she noted that the agency will use its legally-upheld tools to address dangerous air pollution and protect future generations. The proposed rule is expected to be issued in spring 2023, with a final rule set for summer 2024.
Many Republicans fear that the Biden administration’s focus on reducing carbon emissions will harm the fossil fuel industry and result in electricity shortages. However, with the electric power sector accounting for approximately 25% of total US emissions, the Biden administration believes that action is necessary to combat climate change.
As Republicans, we must advocate for policies that balance environmental protection with economic growth. It’s important that we support efforts to reduce emissions in a responsible and practical manner, rather than pushing for measures that harm American businesses and consumers.