Dubai Telegraph - US announces sweeping cuts to power sector carbon emissions

EUR -
AED 4.207
AFN 72.747585
ALL 94.228934
AMD 421.429403
ANG 2.050981
AOA 1051.607513
ARS 1676.479151
AUD 1.634818
AWG 2.064839
AZN 1.947056
BAM 1.956401
BBD 2.308109
BDT 140.783229
BGN 1.936974
BHD 0.432133
BIF 3417.349323
BMD 1.145542
BND 1.482055
BOB 7.918431
BRL 5.908817
BSD 1.145952
BTN 108.432295
BWP 15.552776
BYN 3.206385
BYR 22452.618244
BZD 2.304808
CAD 1.62235
CDF 2611.834861
CHF 0.925718
CLF 0.026263
CLP 1033.691091
CNY 7.75486
CNH 7.764986
COP 3956.999036
CRC 519.859627
CUC 1.145542
CUP 30.356856
CVE 110.298868
CZK 24.191586
DJF 204.072662
DKK 7.474523
DOP 66.99057
DZD 152.86598
EGP 57.016838
ERN 17.183126
ETB 184.757531
FJD 2.574892
FKP 0.86568
GBP 0.864798
GEL 3.035967
GGP 0.86568
GHS 12.86395
GIP 0.86568
GMD 84.197835
GNF 10041.08319
GTQ 8.738683
GYD 239.733612
HKD 8.980646
HNL 30.657414
HRK 7.537901
HTG 149.695965
HUF 352.310242
IDR 20435.319228
ILS 3.400369
IMP 0.86568
INR 108.397059
IQD 1501.260973
IRR 1575119.902153
ISK 143.994404
JEP 0.86568
JMD 181.075601
JOD 0.812243
JPY 185.313173
KES 148.244887
KGS 100.177079
KHR 4601.412898
KMF 492.006822
KPW 1030.987973
KRW 1761.052453
KWD 0.353663
KYD 0.954993
KZT 558.551507
LAK 25308.771248
LBP 102623.311256
LKR 383.187661
LRD 208.574044
LSL 18.829182
LTL 3.382486
LVL 0.692927
LYD 7.347256
MAD 10.68318
MDL 20.152188
MGA 4833.484157
MKD 61.647202
MMK 2405.543705
MNT 4100.159298
MOP 9.253641
MRU 45.82207
MUR 54.767936
MVR 17.698431
MWK 1987.110157
MXN 19.85642
MYR 4.752964
MZN 73.211779
NAD 18.829182
NGN 1566.173876
NIO 42.17295
NOK 11.076588
NPR 173.491272
NZD 1.999188
OMR 0.440461
PAB 1.145952
PEN 3.877691
PGK 5.105568
PHP 69.934125
PKR 318.728268
PLN 4.267813
PYG 6986.145148
QAR 4.177683
RON 5.239021
RSD 117.403115
RUB 84.540291
RWF 1678.41537
SAR 4.300125
SBD 9.234698
SCR 15.66434
SDG 687.892135
SEK 10.997777
SGD 1.480954
SHP 0.855263
SLE 28.351689
SLL 24021.441865
SOS 654.901092
SRD 42.846122
STD 23710.401327
STN 24.507525
SVC 10.027079
SYP 126.619132
SZL 18.82478
THB 37.711077
TJS 10.629064
TMT 4.009396
TND 3.38844
TOP 2.75819
TRY 53.224831
TTD 7.771386
TWD 36.228676
TZS 3011.895055
UAH 51.540026
UGX 4183.284509
USD 1.145542
UYU 45.824071
UZS 13734.217194
VES 694.923038
VND 30150.658785
VUV 135.577504
WST 3.152297
XAF 656.158478
XAG 0.017245
XAU 0.000272
XCD 3.095884
XCG 2.065334
XDR 0.815271
XOF 656.158478
XPF 119.331742
YER 273.32583
ZAR 18.800345
ZMK 10311.255542
ZMW 20.312237
ZWL 368.863975
  • RBGPF

    0.3600

    61.5

    +0.59%

  • NGG

    1.4000

    80.84

    +1.73%

  • JRI

    0.0070

    12.677

    +0.06%

  • CMSC

    -0.0350

    22.335

    -0.16%

  • BCE

    -0.2000

    23.08

    -0.87%

  • RIO

    -0.8600

    99.22

    -0.87%

  • BCC

    -0.6200

    74.04

    -0.84%

  • GSK

    0.2800

    50.95

    +0.55%

  • RYCEF

    0.1900

    18.45

    +1.03%

  • RELX

    0.0950

    31.275

    +0.3%

  • CMSD

    -0.0500

    22.24

    -0.22%

  • AZN

    1.0500

    175.98

    +0.6%

  • BTI

    -0.2000

    58.71

    -0.34%

  • VOD

    -0.2850

    14.015

    -2.03%

  • BP

    0.4400

    39.54

    +1.11%

US announces sweeping cuts to power sector carbon emissions
US announces sweeping cuts to power sector carbon emissions / Photo: SPENCER PLATT - GETTY IMAGES NORTH AMERICA/AFP/File

US announces sweeping cuts to power sector carbon emissions

President Joe Biden's government on Thursday finalized sweeping plans to curb planet-warming emissions from the nation's fossil fuel plants as part of the United States' efforts to confront the climate crisis.

Text size:

Hailed as among the most significant tools ever developed for reducing greenhouse gases from the power sector, the rules will require existing coal-fired plants and new high capacity gas-fired plants to reduce their carbon dioxide output by 90 percent, once they take effect.

It comes as Democratic incumbent Biden faces a tough election rematch against Republican Donald Trump, with climate action seen as key to galvanizing youth and progressive voters.

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.

"We are committed to the integrated priorities of ensuring US energy security, protecting people from pollution and fighting the climate crisis," Environmental Protection Agency (EPA) chief Michael Regan told reporters ahead of the announcement.

The agency's analysis estimates the rules will prevent 1.4 billion metric tons of carbon entering the atmosphere through the year 2047, equivalent to nearly one year of total greenhouse gas emissions from the power sector in 2022.

- 'It's historic' -

A draft proposal was first published last year, attracting criticism from the industry but also some environmental groups concerned the reductions needed to come sooner and go further.

There were also concerns it encouraged the use of carbon capture to achieve the reductions, a technology still in its infancy and which allow fossil fuel plants to continue to dump other pollutants on vulnerable communities, climate justice groups say.

The final rule is weaker in some ways and stronger in others, compared to the proposal.

Existing coal plants have until 2032 to implement their reductions, two years later than initially planned.

But the limits will apply to all coal plants that don't have firm commitments to retire by 2039, which is a year earlier than the draft envisaged.

The new version also lowers the threshold of which new gas plants are considered "high capacity" and are covered by the toughest measures, but rules regarding existing gas plants will only be announced later this year.

"It's historic, it's a relief and it is such a joy to know that this is coming," Margie Alt of Climate Action Campaign told AFP.

"This administration... will by every measure have done more to limit climate pollution than any other administration ever in the history of this country."

Alongside the carbon rules, the Biden administration also finalized three new regulations slashing mercury, water pollution and ash discharges from coal plants.

Former president Barack Obama first tried to regulate the power sector a decade ago, but the Supreme Court ruled his plans were too broad and exceeded executive branch 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 any legal challenges that may come.

I.Uddin--DT