The Biden administration is expected to soon unveil aggressive environmental regulations forcing power plants to reduce emissions substantially within two decades.
Fox News contributor Jonas Max Ferris and economist Steve Moore joined ‘Cavuto Live’ to discuss Biden’s decision to sign an ‘environmental justice’ executive order.a proposal that would force fossil fuel-fired power plants to substantially curb emissions or utilize costly carbon capture technology.
"But we have been clear from the start that we will use all of our legally-upheld tools, grounded in decades-old bipartisan laws, to address dangerous air pollution and protect the air our children breathe today and for generations to come," Michalos said. An Office of Management and Budget filing from late last year stated that the EPA anticipates issuing a proposed rule for the action, described as a proposal to limit greenhouse gas emissions from existing fossil fuel-fired plants, in spring 2023 and promulgating a final rule by summer 2024. The filing noted there are no EPA regulations on the books limiting emissions from existing electric generating units.
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