From WSJopinion: The EPA should stop trying to transform the energy economy and return to its statutory task of improving the emissions performance of particular types of energy generation, writes Justin Schwab
Wonder Land: Whether it's the border, the economy or crime, the progressive way of governance is that no policy mistake can change—ever. Images: AP/AFP/Getty Images Composite: Mark Kelly
The Biden administration’s new power-plant proposal, announced Thursday by the Environmental Protection Agency, would hobble the natural-gas industry. In the process it would make electricity more expensive, cause more blackouts and brownouts, and force Americans to pay more for less energy. The proposed rule would require most existing gas- and coal-fired power plants to cut their carbon-dioxide emissions by 90% or more over the next 10 to 15 years—up to 96% for the largest and most heavily used plants. Newly constructed gas plants, as soon as they start up, would immediately have to meet standards based on the most efficient—and most expensive—generating equipment, reaching the same 90%-or-higher reduction over time.
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