Arlington, VA — A coalition of leading industry organizations today expressed significant concern over the Environmental Protection Agency’s (EPA) newly finalized rule on powerplant emissions. This rule threatens the stability and affordability of America’s energy supply by aggressively targeting baseload generation from coal and deterring new natural gas projects.

Key Takeaways:

  • Immediate Impact on Coal and Gas: The EPA’s rule mandates that any coal powerplant intending to operate post-2039 must install equipment to capture 90% of its CO2 emissions by 2032. This directive also hinders new baseload generation investments in natural gas.
  • Technological and Economic Challenges: Current technologies for carbon capture are not only expensive but have also proven to be unreliable. With only two operational plants in North America, the technology is far from being “adequately demonstrated.”
  • Regulatory Overreach: The rule is criticized as an unlawful extension of EPA’s authority, potentially defying the Supreme Court’s ruling in West Virginia v. EPA.
  • Impact on Grid Reliability and Costs: There is widespread concern that the rule will compromise grid reliability and significantly increase consumer energy costs, particularly as electricity demand is expected to surge.
  • Inadequate Infrastructure for Alternatives: The rule assumes an availability of natural gas and related infrastructure that simply does not exist, and local opposition makes rapid expansion unlikely.

The undersigned organizations, representing a broad spectrum of energy, policy, and consumer interests, urge members of Congress to support the resolutions of disapproval being introduced by Sen. Shelley Moore Capito (R-WV) and Rep. Troy Balderson (R-OH). These resolutions aim to overturn what is seen as a deeply flawed and potentially harmful EPA rule.

Read the full letter here.

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The American Consumer Institute is a nonprofit education and research organization. For more information about the Institute, visit www.TheAmericanConsumer.Org or follow us on X @ConsumerPal.

About the Coalition The coalition includes the Competitive Enterprise Institute, 60 Plus Association, American Legislative Exchange Council (ALEC) Action, and many others dedicated to fostering a balanced approach to environmental regulation that ensures both the well-being of the economy and the effective stewardship of the environment.