Larson: EPA power rule provides only incremental cuts beyond the IRA
John Larson · Unpacking EPA’s newly proposed power emissions rule · May 18, 2023 · at 46:42
John Larson, partner at Rhodium Group, evaluates the marginal emissions reductions expected from the EPA's proposed power plant rule compared to the IRA baseline.
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“The EPA analysis of the rule suggests something, a similar outcome, basically, with only, like, a small increment of additional emission reductions From the proposal. So, it does show that, yes, you were actually getting some incremental gain above and beyond what the IRA would do, but it's, you know, double-digit million metric tons in a half-a-billion-ton power system by the mid- twenty-thirties, which is, you know, not, not a huge shift.”
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