Coal Plants May Float Early Closure As Bargain For EPA To Ease GHG Rules

Owners of coal-fired power plants may offer to retire the units early rather than install expensive yet relatively inefficient measures to limit their greenhouse gas emissions after EPA issues expected “inside-the-fence” power sector GHG standards under section 111(d) of the Clean Air Act, some observers say. The sources widely expect EPA to proceed with a conservative proposal for limiting GHGs at existing fossil fuel-fired power plants, given that the Supreme Court is reviewing the agency’s underlying authority under that section...