Regulatory impact analysis for the proposed carbon pollution guidelines for existing power plants and emission standards for modified and reconstructed power plants

EPA released the Clean Power Plan, which contains proposed guidelines for reducing carbon pollution from existing power plants and from modified or reconstructed plants. The proposal aims to cut carbon pollution from the power sector by 30% and cut pollution from particulates, nitrous oxides, and sulphur dioxide by 25% by 2030. The annual benefits of these reductions for the climate and for public health are estimated to be worth $55–$93 billion by 2030. Increased efficiency and conservation are also expected to bring consumers’ electric bills down by some 8% by 2030. EPA estimates that the annual costs of the plan will be $7.3–$8.8 billion in 2030.