US President Donald Trump plans to unveil a proposal that would empower states to establish emission standards for coal-fired power plants rather than speeding their retirement.
It's a major overhaul of the Obama Administration's signature climate policy and one that could significantly increase the release of carbon dioxide into the atmosphere.
Trump plans to announce the measure as soon as Wednesday during a visit to West Virginia.
The Environmental Protection Agency's own impact analysis, which runs to nearly 300 pages, projects that the proposal would make only slight cuts to overall emissions of pollutants - including carbon dioxide, sulfur dioxide and nitrogen oxides - over the next decade. The Obama rule dwarfs those cuts by a factor of more than 12. The new proposal, which will be subject to a 60-day comment period, could have enormous implications for dozens of aging coal-fired power plants. EPA estimates the measure will affect more than 300 US plants, providing companies with an incentive to keep coal plants in operation rather than replacing them with cleaner natural gas or renewable energy projects.
By 2030, according to Administration officials, the proposal would cut CO2 emissions from 2005 levels by between 0.7 per cent and 1.5 per cent, compared with a business-as-usual approach. Those reductions are equivalent to taking anywherefrom 2.7 million to 5.3 million cars off the road.