Zürcher Nachrichten - US announces sweeping cuts to power sector carbon emissions

EUR -
AED 4.261874
AFN 76.591666
ALL 92.597073
AMD 422.181196
ANG 2.077013
AOA 1064.163357
ARS 1734.900176
AUD 1.6399
AWG 2.08887
AZN 1.968325
BAM 1.955738
BBD 2.337576
BDT 141.825516
BGN 1.968604
BHD 0.437677
BIF 3469.045487
BMD 1.160483
BND 1.481453
BOB 13.410287
BRL 6.038114
BSD 1.160638
BTN 111.077095
BWP 15.675504
BYN 3.530188
BYR 22745.472905
BZD 2.334176
CAD 1.609898
CDF 2634.297369
CHF 0.940067
CLF 0.027307
CLP 1074.735107
CNY 7.825483
CNH 7.820677
COP 3603.149819
CRC 519.372391
CUC 1.160483
CUP 30.752808
CVE 110.260089
CZK 24.162017
DJF 206.669014
DKK 7.47563
DOP 68.187844
DZD 154.209695
EGP 58.836927
ERN 17.40725
ETB 189.575523
FJD 2.563569
FKP 0.856895
GBP 0.85603
GEL 3.023118
GGP 0.856895
GHS 12.911314
GIP 0.856895
GMD 85.875942
GNF 10197.545796
GTQ 8.856529
GYD 242.817092
HKD 9.100103
HNL 31.119346
HRK 7.535363
HTG 151.805201
HUF 364.496499
IDR 20692.577927
ILS 3.465896
IMP 0.856895
INR 111.057963
IQD 1520.451931
IRR 1595171.347767
ISK 142.194446
JEP 0.856895
JMD 183.394202
JOD 0.822796
JPY 184.616066
KES 150.271402
KGS 101.484102
KHR 4692.851636
KMF 494.366236
KPW 1044.435321
KRW 1614.458562
KWD 0.358114
KYD 0.967169
KZT 536.101502
LAK 26137.610587
LBP 103931.775234
LKR 384.107856
LRD 210.65334
LSL 18.856698
LTL 3.426606
LVL 0.701965
LYD 7.386671
MAD 10.761421
MDL 20.015367
MGA 5001.73412
MKD 61.528055
MMK 2436.1399
MNT 4174.433574
MOP 9.373483
MRU 46.434532
MUR 54.519542
MVR 17.941066
MWK 2012.493021
MXN 19.770533
MYR 4.70889
MZN 74.160694
NAD 18.856698
NGN 1567.84815
NIO 42.70773
NOK 10.909938
NPR 177.727381
NZD 1.973454
OMR 0.446209
PAB 1.160638
PEN 3.908292
PGK 5.140771
PHP 71.744536
PKR 322.102717
PLN 4.324831
PYG 6981.779272
QAR 4.231366
RON 5.246782
RSD 117.389823
RUB 98.636032
RWF 1710.145934
SAR 4.359006
SBD 9.31382
SCR 15.926447
SDG 698.033885
SEK 11.037629
SGD 1.480928
SHP 0.859763
SLE 28.606131
SLL 24334.753902
SOS 663.270458
SRD 44.060118
STD 24019.661541
STN 24.498698
SVC 10.155548
SYP 15088.603907
SZL 18.86216
THB 38.373735
TJS 10.706531
TMT 4.061692
TND 3.392093
TOP 2.794165
TRY 55.630208
TTD 7.872582
TWD 37.079811
TZS 3072.641833
UAH 51.892389
UGX 4328.769893
USD 1.160483
UYU 46.518529
UZS 13695.567016
VES 895.402058
VND 30382.033336
VUV 137.187098
WST 3.151754
XAF 655.936263
XAG 0.018233
XAU 0.000266
XCD 3.136264
XCG 2.091707
XDR 0.820522
XOF 655.927785
XPF 119.331742
YER 275.183963
ZAR 18.847003
ZMK 10445.737551
ZMW 21.731845
ZWL 373.675153
  • RYCEF

    -0.2500

    20.81

    -1.2%

  • CMSC

    0.0750

    21.315

    +0.35%

  • NGG

    -0.3900

    81.76

    -0.48%

  • BCC

    2.4500

    82.63

    +2.97%

  • JRI

    0.1200

    12.56

    +0.96%

  • RIO

    2.8000

    99.49

    +2.81%

  • BCE

    0.3150

    23.675

    +1.33%

  • AZN

    4.6100

    164.71

    +2.8%

  • VOD

    0.0600

    16.19

    +0.37%

  • RELX

    0.2600

    34.77

    +0.75%

  • BP

    0.6500

    44.06

    +1.48%

  • CMSD

    0.0750

    21.165

    +0.35%

  • RBGPF

    0.3500

    69

    +0.51%

  • BTI

    -0.5750

    55.805

    -1.03%

  • GSK

    1.2200

    52.37

    +2.33%

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.

D.Smith--NZN