EPA Repeals Obama-Era CPP, Finalizes Narrow ACE Replacement GHG Rule

The Trump EPA has finalized its Affordable Clean Energy (ACE) rule, a narrow policy intended to address greenhouse gases from existing power plants, while also formally repealing the Obama-era Clean Power Plan (CPP) in the agency’s first high-profile climate rule rollback to be completed. EPA Administrator Andrew Wheeler signed the final rule June 19. The rule, which largely relies on the current industry trajectory away from coal toward lower-emitting natural gas and renewables, is prompting swift criticism from those pressing...