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Marketplace All-in-One

EPA aims to quash coal emissions once and for all

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 25 April 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

New emissions standards for fossil fuel power plants would require them to eliminate 90% of the carbon dioxide they emit, or close. But the Supreme Court could strike down the regulations before they go into effect. Plus, New Jersey announces an incentive for residents to sue New York and Congress weighs a new path for funding medical research.

Transcript

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0:00.0

Power Plants will have to clean up their act, or maybe they won't.

0:05.0

From Marketplace, I'm Sabrie Benashore in for David Brunkachio.

0:09.0

The EPA is taking another crack at limiting emissions from power plants.

0:13.0

New rules would force plants to clean their emissions or shut down.

0:17.0

But whether the rules will actually come into force?

0:19.0

Unclear.

0:20.0

The Supreme Court recently struck down an earlier attempt.

0:22.0

Marketplace's Nova Safo has the details. The Supreme Court recently struck down an earlier attempt.

0:22.6

Marketplace's Nova Safo has the details.

0:24.6

Power plants are a major source of carbon emissions and the EPA says its new rules

0:29.8

would eliminate the same amount of carbon from the air as with the removal of hundreds of millions

0:35.2

of gasoline engine cars from the roads. Among the most significant changes are new emission standards

0:41.2

for fossil fuel-fired power plants, requiring them to remove 90% of the

0:46.2

planet-warming carbon dioxide they emit into the air.

0:50.0

Most would have about eight years to comply. The EPA made a point of stressing that it's not

0:54.8

telling the power sector how to achieve these goals. For some existing coal-fired

0:59.5

plants, this will likely mean shutting down.

1:03.0

Some industry groups criticized the rules and promised a legal challenge,

1:06.3

pointing to a Supreme Court decision two years ago that limited the EPA's ability to

1:10.1

set standards, which could have industry-wide implications.

1:14.0

I'm Nova Sopho for Marketplace.

1:15.6

The state of New Jersey is encouraging its residents to sue the state of New York, not just

...

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