Good morning. Welcome to Axios today. It's Monday, April 24th. I'm Naila Boudou.

Here's what you need to know today. A reality check on Donald Trump's 2024 presidential chances.

Plus, the abortion pill remains available for now.

But worst, the EPA prepares power plant climate rules. That's today's one big thing.

We're expecting the Environmental Protection Agency to release draft rules soon

that would force dramatic carbon emissions cuts at U.S. power plants. Why this matters?

Electricity production is the second largest source of U.S. greenhouse gas emissions after

transportation. That's according to Axios's Ben Geeman, who's here with us to explain all of

this. Hey Ben. How you doing? Then what do we know about these possible rules so far? What's the

goal here? So the goal here is to really speed along the ongoing decarbonization of the U.S.

power generation sector, right? Really, there is just no pathway toward meeting the United States

climate goals under the Paris Agreement without accelerating this process, right? One specific target

that the Biden administration has previously laid out is that the electric power sector needs

to be or should be at least fully decarbonized by 2035. And so on some level, you can kind of see

this as a carrot and sticker approach because in the recently passed climate law and the bipartisan

infrastructure bill before that, you had a huge amount of funding from grants, from tax subsidies,

from various different types of methods in order to bolster the development of technologies,

including renewable electricity, hydrogen, carbon capture and storage, and more. And so that was

sort of the carrot side, but I think that this is kind of a recognition that a stick is needed to

in order to sort of really meet these aggressive U.S. targets on electricity, as well as elsewhere

to transportation. But you know, for this is very much focused on coal and natural gas-fired power.

So what are we expecting in terms of that stick? What would that look like when it comes to coal and

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