UPDATE: In May 2023, EPA released its proposed carbon pollution standards for new and existing power plants. Read our analysis here.
These vital rules are the Biden administration’s most significant opportunity to clean up power sector carbon pollution and build on the investments in the Inflation Reduction Act. They could ensure fossil fuel power plants can no longer spew unlimited amounts of greenhouse gas pollutants into the air, harming our communities and the planet.
These proposed rules mark just the start of the regulatory process—now, we must work to strengthen and finalize these important standards as quickly as possible.
EPA is widely expected to propose updated carbon standards for new and existing power plants in the next few weeks. These rules are the Biden administration’s most significant opportunity to reduce carbon pollution in the wake of the Inflation Reduction Act (IRA) and drive towards the president’s climate and environmental justice commitments.
While the IRA was a historic achievement on climate, the law on its own is not enough to achieve President Biden’s commitment to a 50-52 percent reduction of economy-wide carbon pollution from 2005 levels by 2030. According to new modeling from the REPEAT project, the IRA is set to double the rate of U.S. decarbonization to help achieve a 37-41 percent reduction in carbon pollution by 2030—leaving a significant pollution gap between Biden’s commitments and his policy accomplishments so far.
To close the gap, the administration must take further action and leverage existing executive authorities. And power sector carbon standards are his single most impactful opportunity to reduce carbon pollution through executive action. Put simply: Biden will not be able to hit his climate targets without well-crafted, effective carbon standards for the power sector—EPA’s forthcoming proposal will be a cornerstone of the president’s climate legacy. The climate movement, and the voters within it that helped Biden secure the White House in 2020, will be watching.