EPA Stresses Alignment Between Power Plant GHG Rules, IRA Incentives

EPA officials are stressing fundamental connections between their just-issued power plant greenhouse gas standards and last year’s Inflation Reduction Act (IRA), arguing the longer-term regulatory requirements will work in concert with critical, near-term low-carbon energy tax incentives and other key provisions in the climate law. The agency’s schedule for its May 11 standards -- in which most major pollution control requirements would not take effect until 2030 or even later -- means that the standards would serve to reinforce the...