The EPA has repealed the 2024 power plant carbon rules that required coal and gas plants to install carbon capture equipment. The agency is also proposing to block future federal greenhouse gas limits for the power sector. Power generation accounts for nearly a quarter of US emissions, and power sector emissions rose 4% last year, so the repeal removes one of the few federal tools aimed at cutting those numbers. The move saves industry about $370 million in direct compliance costs, but the Biden EPA had estimated the rules would deliver $370 billion in net benefits from avoided climate and health damage. That gap is the real debate. For anyone tracking carbon markets, utility planning, or state level climate policy, this repeal changes the baseline for emissions and investment decisions.
