The Biden administration proposed new rules to drastically reduce greenhouse gases from coal- and gas-fired power plants
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https://www.wsj.com/articles/biden-administration-targets-power-plant-emissions-in-new-climate-initiative-cb635552Listen Money is a sticking point in climate-change negotiations around the world. WSJ looks at how funds could be spent, and who would pay. Illustration: Preston Jessee/WSJ WASHINGTON—The Biden administration proposed new rules Thursday to drastically reduce greenhouse gases from coal- and gas-fired power plants—measures that will cost billions of dollars but that officials say will curb emissions that are warming the atmosphere and harming human health.by the Environmental Protection Agency will raise average utility bills by 2% by 2030, declining to less than 1% by 2040, officials estimate.
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