![]() ![]() ![]() ![]() West Virginia Democratic Senator Joe Manchin, in anticipation of Thursday's announcement, railed against the Biden ad Wednesday that the Biden administration is "hellbent on doing everything in their power to regulate coal and gas-fueled power plants out of existence" and that he would not support any EPA congressional nominees until they "halt their government overreach." The new proposed rule is already facing some fierce opposition. President Biden's two predecessors both had power industry regulations struck down by the courts.įormer President Donald Trump's proposal to slightly cut plant emissions was overruled by a federal appellate court in 2021, and in 2016, the Supreme Court granted a stay on Barack Obama's Clean Power Plan. They also noted that the closed Texas plant which had been using carbon capture was reopening, in part thanks to those incentives. Senior administration officials said on a call Tuesday that by their calculations, tax incentives provided by 2022's Inflation Reduction Act should offset the cost of installing carbon capture and storage technologies. In its latest annual report, the U.N.'s Intergovernmental Panel on Climate Change conceded that while carbon capture is key to unlocking a green future, technological improvements need to be made to make the technology more cost effective and energy efficient. to utilize carbon capture technologies shut down outside of Houston after it was plagued by mechanical malfunctions and failed to meet its emissions targets. In 2021, the first and only commercial power plant in the U.S. Because the technology is so new, carbon capture is costly. According to the International Energy Agency, there are currently 18 direct-air capture plants operating worldwide. ![]()
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