The Environmental Protection Agency announced new rules this week to regulate the fossil fuel industry out of business.
New carbon pollution standards for coal and natural gas-fired power plants unveiled Thursday demand plants reduce their emissions by a staggering 90 percent within two decades or face closure. The new rules come less than a year after the Supreme Court struck down the agency’s unilateral rule-making authority to implement emissions limits on existing power plants in West Virginia v. EPA.
[RELATED: How The Supreme Court Upended EPA’s Power Grab And Curbed The Administrative State]
“By proposing new standards for fossil fuel-fired power plants, EPA is delivering on its mission to reduce harmful pollution that threatens people’s health and wellbeing,” said EPA Administrator Michael Regan in a press release. “EPA’s proposal relies on proven, readily available technologies to limit carbon pollution and seizes the momentum already underway in the power sector to move toward a cleaner future.”
Compliance with the agency’s mandatory targets, however, would require the deployment of innovative carbon capture technologies not in use at a single U.S. power plant. The new rules will push utilities to retire aging coal plants while the administration creates an artificial market for energy generation by wind and solar through generous subsidies. The EPA regulations coincide with $370 billion from the misleadingly named Inflation Reduction Act to promote Democrats’ preferred energy sources.
Tom Pyle, the president of the American Energy Alliance, told The Federalist the environmental regulations threaten to undermine the
