Early reaction to EPA’s final ACE climate rule

EPA has unveiled its final Affordable Clean Energy (ACE) rule, imposing narrow greenhouse gas requirements on existing power plants while rescinding the Obama-era Clean Power Plan (CPP) that created a broader framework for carbon reductions. The rule is already drawing sharp reaction from both critics and supporters. Here’s the best of the early reaction: In addition to generating regulatory uncertainty, the Affordable Clean Energy rule is likely to spawn ample litigation. The regulatory battle over the Obama administration’s Clean Power...