EPA Rule Ends Obama's War on Economic Reality
- Dec 10, 2018 6:39 pm GMT
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This afternoon, the EPA proposed a rule lifting carbon dioxide emission requirements for new and modified coal power plants, a reform of an Obama-era rule which effectively mandated presently uneconomic carbon capture technology.
"The Obama-era rule defied economic reality, making the opening of new coal plants all but impossible by requiring expensive, impractical carbon capture technology.
"For the last decade, regulations have been strangling the coal industry, which provides millions of Americans with affordable and reliable energy. In 2008,