
"The big picture: America's emissions are projected to decline substantially even if major climate regulations are repealed, driven by falling renewable energy prices and cleaner natural gas outcompeting dirtier coal. Driving the news: The Environmental Protection Agency on Thursday is expected to overturn the 2009 "endangerment finding," which determined that greenhouse gases threaten public health and welfare. The finding sets the foundation for federal regulation of climate pollution under the Clean Air Act."
"Between the lines: The repeal is legally and symbolically seismic. Its real-world impact may be more muted. It would likely slow emissions cuts - but not reverse them, according to modeling by the Rhodium Group, a New York-based research firm. By the numbers: The firm projects that without big EPA rules underpinned by the finding, U.S. emissions in 2035 would be 26-35% below 2005 levels. If the rules were intact? A steeper decline of 32-44%."
The Environmental Protection Agency is expected to overturn the 2009 endangerment finding that determined greenhouse gases threaten public health and welfare. The finding underpinned federal Clean Air Act climate regulations and reflected scientific consensus that greenhouse gases warm the planet. Modeling by the Rhodium Group finds that repealing major EPA rules would still leave U.S. emissions 26–35% below 2005 levels by 2035, compared with 32–44% with the rules intact. Falling renewable energy costs and cleaner natural gas outcompeting coal drive declines. Neither path meets scientists' targets; the Biden administration set a 61% reduction target by 2035.
Read at Axios
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