Biden admin preparing major crackdown on power plants that fuel nation's grid

The Biden administration is reportedly finalizing a proposal that would force fossil fuel-fired power plants to substantially curb emissions or utilize costly carbon capture technology.

The proposal — which will soon be released by the Environmental Protection Agency (EPA) — is expected to require coal- and natural gas-fired power plants to cut or capture the vast majority of their carbon dioxide emissions by 2040, The New York Times reported on Saturday, citing officials briefed on a draft of the plan. The regulation, if finalized, would represent the first-ever federal action curbing power plant emissions. ---More...