The proposal sets standards that would push power companies to install carbon capture equipment (CCS) that can siphon the CO2 from a plant’s smokestack before it reaches the atmosphere, or use super-low-emissions hydrogen as a fuel. emissions, can chuff into the atmosphere, putting the industry on a years-long course to install billions of dollars of new equipment or shut down.Įnvironmental groups and scientists have long argued that such steps are crucial to curb global warming, but fossil fuel-producing states argue that they represent government overreach and threaten to destabilize the electric grid. The proposal would limit how much carbon dioxide power plants, which are the source of more than a quarter of U.S. power industry, one of the biggest steps so far in its effort to decarbonize the economy to fight climate change. WASHINGTON, May 11 (Reuters) - The Biden administration on Thursday unveiled a sweeping plan to slash greenhouse gas emissions from the U.S.
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