EPA Regulations To Shutter Coal-Fed Power Plants

The Environmental Protection Agency is preparing to reveal over the next 18 months hardline policy on coal-fed power plants. The move is meant to toughen pollution penalties and stymy contamination from plants that produce ozone, smog, mercury and greenhouse gasses. Under the new rules, the EPA will force the shutdown of nearly 20 percent of coal-generated power over the next decade, say power industry advocacy groups. The Commerce Department estimates the new rules could kill as many as 60,000 jobs and industry groups are calling the move the "EPA's Regulatory Train Wreck," The Washington Post reports, costing the energy sector an estimated $129 billion.

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