Dubai Telegraph - US moves to curb power plant emissions

EUR -
AED 4.256694
AFN 73.006558
ALL 96.183185
AMD 437.462357
ANG 2.074413
AOA 1062.652651
ARS 1616.583177
AUD 1.634887
AWG 2.088802
AZN 1.968976
BAM 1.975086
BBD 2.334991
BDT 142.252756
BGN 1.980809
BHD 0.437517
BIF 3441.742426
BMD 1.158836
BND 1.487395
BOB 8.011612
BRL 6.048742
BSD 1.159341
BTN 108.010902
BWP 15.820233
BYN 3.584907
BYR 22713.182337
BZD 2.331679
CAD 1.591719
CDF 2636.351736
CHF 0.91339
CLF 0.026784
CLP 1057.587983
CNY 7.996489
CNH 7.972918
COP 4277.55277
CRC 542.427133
CUC 1.158836
CUP 30.70915
CVE 112.464864
CZK 24.472182
DJF 205.948898
DKK 7.471133
DOP 68.168493
DZD 153.256108
EGP 60.532024
ERN 17.382538
ETB 182.173906
FJD 2.558248
FKP 0.869907
GBP 0.862579
GEL 3.146225
GGP 0.869907
GHS 12.629381
GIP 0.869907
GMD 85.754443
GNF 10171.680078
GTQ 8.868484
GYD 242.551028
HKD 9.078147
HNL 30.790613
HRK 7.5344
HTG 152.071514
HUF 390.82922
IDR 19560.279743
ILS 3.624074
IMP 0.869907
INR 108.151817
IQD 1518.074942
IRR 1524013.975298
ISK 143.799646
JEP 0.869907
JMD 182.132997
JOD 0.821554
JPY 182.779731
KES 150.179997
KGS 101.337763
KHR 4646.931796
KMF 495.9811
KPW 1042.938319
KRW 1723.368534
KWD 0.354812
KYD 0.96618
KZT 557.540752
LAK 24885.999794
LBP 103773.749324
LKR 361.379075
LRD 212.536652
LSL 19.502855
LTL 3.421741
LVL 0.700968
LYD 7.393341
MAD 10.845255
MDL 20.31736
MGA 4826.550671
MKD 61.840893
MMK 2433.253315
MNT 4155.40254
MOP 9.354227
MRU 46.481248
MUR 53.891672
MVR 17.903794
MWK 2012.897608
MXN 20.545118
MYR 4.564685
MZN 74.050655
NAD 19.503121
NGN 1573.11839
NIO 42.552008
NOK 10.987384
NPR 172.811971
NZD 1.971968
OMR 0.445583
PAB 1.159381
PEN 4.0032
PGK 4.985268
PHP 68.413043
PKR 323.488759
PLN 4.267587
PYG 7533.334191
QAR 4.223496
RON 5.094213
RSD 117.478165
RUB 99.83641
RWF 1690.741481
SAR 4.350755
SBD 9.326986
SCR 17.598041
SDG 696.460551
SEK 10.757867
SGD 1.480649
SHP 0.869427
SLE 28.565483
SLL 24300.220556
SOS 662.27146
SRD 43.458668
STD 23985.562074
STN 24.91497
SVC 10.144364
SYP 128.084693
SZL 19.503003
THB 37.627637
TJS 11.10097
TMT 4.055925
TND 3.373661
TOP 2.790198
TRY 51.308384
TTD 7.858106
TWD 36.841128
TZS 3010.068531
UAH 50.982556
UGX 4381.978336
USD 1.158836
UYU 46.959974
UZS 14132.002921
VES 526.906001
VND 30465.794063
VUV 138.374754
WST 3.166195
XAF 662.460109
XAG 0.015907
XAU 0.000249
XCD 3.131812
XCG 2.08942
XDR 0.823884
XOF 662.273593
XPF 119.331742
YER 276.440433
ZAR 19.405896
ZMK 10430.917809
ZMW 22.694786
ZWL 373.144666
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    0.0200

    22.85

    +0.09%

  • BCE

    -0.0200

    25.73

    -0.08%

  • BTI

    0.6300

    58.72

    +1.07%

  • NGG

    -1.8700

    85.53

    -2.19%

  • AZN

    0.5100

    188.93

    +0.27%

  • BP

    1.2500

    45.86

    +2.73%

  • RIO

    -2.0700

    85.65

    -2.42%

  • GSK

    0.3100

    52.37

    +0.59%

  • RYCEF

    -0.5900

    16.01

    -3.69%

  • RELX

    -0.0400

    33.82

    -0.12%

  • BCC

    -1.9800

    69.86

    -2.83%

  • JRI

    -0.1630

    12.16

    -1.34%

  • VOD

    0.0500

    14.42

    +0.35%

  • CMSD

    0.0100

    22.9

    +0.04%

US moves to curb power plant emissions
US moves to curb power plant emissions / Photo: JEFF SWENSEN - GETTY IMAGES NORTH AMERICA/AFP/File

US moves to curb power plant emissions

President Joe Biden's administration on Thursday announced sweeping plans to curb planet-warming emissions from the nation's power stations, as part of the United States' efforts to combat the climate crisis.

Text size:

Starting from 2030, the proposal would target fossil fuel electricity production with increasingly stringent carbon reduction requirements, including compelling some coal plants to directly capture pollution from their smokestacks.

"In every corner of our nation, Americans are seeing and feeling the devastating impacts of climate change," Environmental Protection Agency (EPA) Administrator Michael Regan said at an event announcing the draft rules.

"It's clear that we've reached a pivotal point in human history, and it's on all of us to act right now to protect our future."

The agency estimated its measures targeting coal and natural gas would prevent 617 million metric tons of total carbon dioxide entering the atmosphere through 2042, equivalent to reducing the annual emissions of half the cars in the United States.

But the proposals are certain to face legal challenges from Republican-run states that could place them before the conservative-majority Supreme Court, which has previously knocked back efforts to regulate the sector.

US Senate Republican leader Mitch McConnell denounced the proposals, saying they posed "an existential threat to providers of affordable and reliable American energy."

US power plant emissions have been declining, thanks to a drop in the cost of renewables. But they are still responsible for a quarter of greenhouse gasses produced by the world's largest economy.

That has made it a prime target for Biden, who has pledged to cut emissions from electricity production to zero by 2035.

"I think this rule is important by declaring that the era of unlimited carbon pollution from power plants is over," Dan Lashof, director of World Resources Institute, United States, told AFP.

The proposed standards "mark a pivotal turning point," with the EPA "rightfully and necessarily moving to hold coal- and gas-fired power plants to account for their ongoing carbon pollution," added Julie McNamara of the Union of Concerned Scientists.

- Carbon capture -

Under the rules, measures for fossil fuel plants would vary by the type of plant, whether it operates frequently or just to shore up the grid during peak demand, and how long it is planned to remain in service.

For example, coal-fired plants that don't have commitments to retire by 2040 would be required to remove 90 percent of their carbon starting from 2030. On the other hand, coal plants set to retire by 2032 will face no restrictions.

Natural gas power stations that run frequently will be required to either implement carbon capture technology, or partly switch to hydrogen, which burns without emissions.

Both Lashof and McNamara said they had hoped for deeper and faster reductions for gas plants.

Boosting the use of carbon capture was slammed both by climate justice groups and the fossil fuel industry.

"If we are to combat climate change we must do so with real, viable solutions -- not unproven technologies that only promise to continue the legacy of dumping pollutants onto frontline communities," said Ozawa Bineshi Albert of the Climate Justice Alliance.

The National Mining Association said that although carbon capture was key to the future, mandating its use "before this technology is technically and fully economically demonstrated is nothing more than unlawful showmanship reinforcing a destructive agenda."

The technology is in its infancy, with only "around 35" facilities globally applying it for industrial processes, fuel transformation and power generation, according to the International Energy Agency.

But the Biden administration is betting on the Inflation Reduction Act, which offers tax credits for carbon capture, coupled with advances in the technology, to speed up adoption.

- Legally defensible? -

Former president Barack Obama first tried to regulate the power sector almost a decade ago, but the high court ruled his plans were too broad and exceeded the executive branch's authority.

The new rule limits itself to acting "within the fence line" of an individual power plant, which officials hope will improve its chances of surviving legal challenges.

The proposed rules come a month after the EPA unveiled new auto emissions regulations, and plans to sharply reduce emissions of methane, a potent greenhouse gas, by the oil and gas industry.

Biden, who faces a tough re-election campaign, sees keeping his promises on climate action as key to energizing younger voters.

The plans would be subject to a public comment period and likely wouldn't be finalized until next year.

H.El-Din--DT