“Just the possibility that EPA will enact such sweeping regulations will slow investment in new power generation that all U.S. power grids need. Recent grid warnings about possible outages this summer will likely continue into the winter while potential new-generation projects proceed cautiously.”

The U.S. Environmental Protection Agency (EPA) recently proposed new greenhouse gas standards for fossil-fuel-fired power plants. These draconian regulations, part of the Biden Administration’s “all of government” climate policy—which is at odds with affordable, reliable energy—threaten the stability of the U.S. power grid.

The EPA plan is the “nuclear option” of regulations because the agency is not just proposing new regulations designed to meet more stringent clean air standards with fines if the criteria are not met. Instead, EPA seeks to impose unachievable CO2 emissions targets that will shut down existing coal and natural gas power plants and threaten the viability of the nation’s power grids.…