The Trump EPA’s Affordable Clean Energy (ACE) rule has been vacated by the DC Circuit Court of Appeals. Oddly enough, this is a win. Here’s why. The Obama Clean Power Plan (CPP) was stayed by the Supreme Court. The greens do not want it reinstated. The Trump ACE rule was dumb since it assumed that coal plant emissions are harmful to the climate. So the Biden EPA will try to issue a new rule. Regulatory-wise, we are basically back in the pre-CPP days of June 2013. In any event, these rules have no impact on the coal industry since many, if not almost all utilities, have committed to phasing out coal. The fight goes on. Read the DC Circuit decision.
January 19, 2021 at 05:10PM