Catastrophic EPA Power Plant Regs Targeting Fossil Fuels Planned

Biden ignores the fact that fossil fuels generate more than 60% of total U.S. electricity while renewable energy sources like wind and solar generate 14%, federal data shows, and the 14% is nor reliable all the time. 20 percent of that is coal. The story follows a piece Fox News did yesterday on the wInd turbines off the coast of New Jersey and a tax break given to a Danish company. But we would be wise to pay attention to this little number. Here tis:

In May, the Environmental Protection Agency’s (EPA) unveiled power plant regulations targeting fossil fuel-fired power plant emissions as part of the administration’s broader climate agenda. The agency said the plan would avoid 617 million metric tons of carbon pollution through 2042 via new standards forcing coal and gas plants to either utilize carbon capture technology or shut down.

However, industry groups and experts warned that the proposal, which remains in a public comment period until early August, could lead to early retirements of reliable, dispatchable generation and, as a result, power supply shortfalls. Fossil fuels generate more than 60% of total U.S. electricity while renewable energy sources like wind and solar generate 14%, federal data shows.

“As the wholesale markets’ prices are distorted by subsidies, the generation assets with the attributes required for system stability will retire and system stability will be imperiled,” FERC Commissioner James Danly recently testified during a Senate Energy and Natural Resources Committee hearing. “Given these market failures, there will be, in time, a catastrophic reliability event.”

The commissioner further warned of an “impending, but avoidable, reliability crisis.”

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And they also referenced comments from a separate hearing made by leaders at the North American Electric Reliability Corporation, the Regional Transmission Organization PJM, and Associated Electric Cooperative, one of the largest U.S. electric cooperatives. Each of the leaders agreed the U.S. is heading for a reliability crisis.

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Proposed EPA rules would force power plants to slash carbon emissions

The Environmental Protection Agency laid out its latest move to cut the greenhouse gasses that are driving climate change, unveiling a sweeping new set of guidelines for the power plants that generate America’s electricity. William Brangham reports.

 

New Jersey Republicans slam climate 'bailout' for Danish wind power company | https://t.co/kvXQrA9WMG

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