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Market
Power industry compliance with EPA's new carbon rules by 2024
5
Resolution / Starting Odds
Full compliance • 33%
Partial compliance • 33%
Non-compliance • 33%
Industry compliance reports, EPA monitoring
Story
25 States Sue EPA Over New Carbon Emission Rules for Power Plants
May 9, 2024, 02:30 PM
A coalition of 25 Republican state attorneys general, led by West Virginia, has filed a lawsuit against the U.S. Environmental Protection Agency (EPA) to challenge a new regulatory rule aimed at significantly reducing carbon emissions from existing coal-fired and new natural gas power plants. This landmark rule, introduced by the Biden administration, seeks to mitigate the impact of these power plants on climate change by enforcing stringent controls on greenhouse gas emissions.
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Adopt new technologies • 33%
Increase investment in renewable resources • 33%
Legal opposition • 34%
Most coal plants compliant • 33%
Most gas plants compliant • 33%
Both mostly non-compliant • 34%
Full compliance • 33%
Partial compliance • 33%
No compliance • 34%
Shutting down plants • 25%
Investing in emission-reducing technologies • 25%
Legal action against regulations • 25%
Seeking policy amendments • 25%
No changes • 33%
Minor changes • 33%
Major changes • 33%
Positive economic impact • 33%
Negative economic impact • 33%
Neutral economic impact • 34%
Standards Relaxed • 33%
Standards Maintained • 33%
Standards Strengthened • 34%
Significant Impact • 33%
Moderate Impact • 33%
Minimal Impact • 34%
Energy • 25%
Transportation • 25%
Manufacturing • 25%
Agriculture • 25%