Stalling the Future: U.S. Power Companies Resisting a Carbon-Free Revolution
Utility companies operating most of the US‘s power plants are not widely adopting an expensive technology promoted by the Environmental Protection Agency (EPA) to clamp down on carbon dioxide emissions, reported E&E News. Despite the Biden administration making tax credits and subsidies available to incentivize CCS deployment, the country’s ten largest utilities companies have not yet planned to introduce this technology within the timeframe set by the EPA. The EPA champions CCS technology as an efficient method to reduce power plant carbon emissions by 90% by 2038. This standard, which is proposed to be enforced on coal and gas-fired power … Continue reading Stalling the Future: U.S. Power Companies Resisting a Carbon-Free Revolution
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