Sign In or Create an Account.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

Economy

The Big Problem With the EPA’s New Rules

They fall short of President Biden’s power plant goals — and he’s running out of time and tools.

•
A natural-gas plant.
Heatmap Illustration/Getty Images

As you may have heard, the Biden administration on Thursday proposed regulating greenhouse-gas emissions from new and existing power plants.

The rule is a landmark. If implemented successfully, it would mark the first time that the United States has regulated emissions from existing power plants, one of the largest sources of carbon pollution in the economy.

Yet coverage of the rule has deviated in some respects from what it would actually do. The rule falls short of its goals in at least one important way: It will not meet President Joe Biden’s targets for the power sector.

Soon after he took office, President Biden committed the United States to generating 100% of its electricity from zero-carbon sources by 2035. It is part of his broader Paris Agreement pledge to slash U.S. carbon pollution in half by 2030 as compared to 2005 levels.

But the EPA’s proposal would not achieve a zero-carbon power grid even by 2040, five years after the president’s deadline. If the rule is implemented, then the American electricity system will emit 458 million metric tons of carbon pollution in 2040. While that is a significant reduction — it’s about 70% lower than today’s annual emissions — it is obviously not zero.

“These rules and this section of the Clean Air Act is not designed to achieve President Biden’s clean power targets,” Charles Harper, a policy analyst at Evergreen, a climate advocacy organization and think tank, told me.

“These power-sector rules are an important contributor to reducing emissions to the power sector, but they alone won’t get to a zero-carbon grid — and that’s by design within the statute.”

On one hand, the EPA’s proposal reveals the success of President Biden’s flagship climate accomplishment, the Inflation Reduction Act. The EPA’s proposal can mandate carbon capture and storage so aggressively because that law’s subsidies and tax credits made it economically feasible for utilities. The proposal is “designed very, very well to work in tandem with the IRA tax credits,” Nick Bryner, a law professor at Louisiana State University, told me.

In fact, according to the rule’s analysis, the climate law — and not the proposed rule — will drive most of the emissions declines in the power sector from 2028 to 2040. The rule is tinkering around the edges of a much larger transformation.

But on the other hand, the rule reveals the limits of that metamorphosis. The Biden administration has adopted more climate policy than any previous administration, yet they are running out of tools to make their climate goals a reality. The EPA will be lucky to finalize these rules before the end of Biden’s first — and potentially only — term. And it is not working on any other proposed power-sector regulation that might get the country all the way to Biden’s 2035 goal.

At this point, Biden may need a revolution of state and local climate advocacy — not to mention another four years in office, and perhaps even another congressional majority — to achieve his most ambitious climate goals. The planet is only getting hotter.

Yellow

You’re out of free articles.

Subscribe to access Heatmap's exclusive climate and energy polling, award-winning journalism, and subscriber-only events. Save $57 on an annual subscription, just $156 $99/year.
To continue reading
Create a free account or sign in to unlock more free articles.
or
Please enter an email address
By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy
Daily Briefing

Think Congress Is Slow? Meet the Power Sector.

BAAJA would likely help speed up the U.S. transmission buildout, but there’s a chance we’re undercounting the benefits.

Power lines.
Heatmap Illustration/Getty Images

This is Heatmap Daily, a weekday digest written by our executive editor. Subscribe here.

As you may have seen, my colleague Emily Pontecorvo and I got the first look at the Rhodium Group’s analysis of what the bipartisan permitting bill will do to emissions.

Keep reading...Show less
Blue
AM Briefing

Neutral, at Worst

On Chinese hydrogen, Fermi upheaval, and British offshore wind

Smokestacks.
Heatmap Illustration/Getty Images

Current conditions: The Pineapple Express, an atmospheric river originating in the Pacific near Hawaii, is arriving in the Southwest laden with heavy rain that’s set to flood the region • Indonesia has the worst air quality in the world as forest fires rage along Sumatra’s southern coast • A cross-country storm will soak much of the United States on Tuesday’s Election Day.


THE TOP FIVE

1. Permitting bill’s worst-case climate scenario is still carbon neutral

The Senate’s grand compromise to simplify federal permitting on energy projects would likely drop emissions slightly as the benefits to accelerating deployments of clean energy infrastructure outweigh the boost the legislation could give to fossil fuels. Even under the worst-case scenario, emissions remain on the same trajectory as today. That’s according to a hotly anticipated new analysis by the Rhodium Group, the consultancy whose U.S. emissions estimates are among the most widely cited in American politics. The report, shared first with my colleague Emily Pontecorvo, found that provisions in the Bipartisan American Affordability and Jobs Act largely counteract each other on climate. The bill makes building transmission lines much easier, a key step to patching more renewables onto the grid. But it also makes new gas pipelines simpler to permit, clearing the way for a buildout of the infrastructure for the fossil fuel already dominating U.S. electricity and heating systems. Still, under the best-case scenario, the legislation could cut U.S. economy-wide emissions by 5% below where they would otherwise go in 2040. The bill could also slash energy bills by $78 per year and support construction of more than 200 gigawatts of clean energy capacity, as compared to a world where it didn’t pass. The Rhodium report is at least the second analysis yet to find that the bill could modestly lower emissions. The first, as I reported last week, came from the think tank Resources for the Future, which saw a slight drop in power-sector emissions relative to a world without BAAJA.

Keep reading...Show less
Blue
Energy

Exclusive: New Modeling Finds Permitting Bill Would Likely Cut Emissions

Even in the worst-case scenario, BAAJA wouldn’t increase emissions, an analysis by the Rhodium Group concludes.

Pollution and the Capitol.
Heatmap Illustration/Getty Images

The bipartisan permitting reform bill is likely to slightly cut greenhouse gas emissions and lower electricity bills by 2040 — or at worst leave emissions on the same trajectory that they are on today — as compared to the status quo, according to a new analysis of many of its provisions by the Rhodium Group, an independent research firm.

The analysis examines the policies in the Bipartisan American Affordability and Jobs Act, or BAAJA, that would have the most-clear cut effects on climate pollution and the energy system. It is the most comprehensive account of the bill’s effects on emissions so far, although it does not examine all of its provisions.

Keep reading...Show less
Blue