New Biden EPA rule puts all of us at risk of energy shortages

Get ready for more energy shortages. Biden's EPA finalized its power plant rule last week, and it is bad news for America’s energy supply.

Kristen Walker is a policy analyst for the American Consumer Institute, a nonprofit education and research organization. For more information about the Institute, visit www.theamericanconsumer.org or follow us on Twitter @ConsumerPal.

Plants that expect to retire by 2039 face less stringent standards but still would have to capture some emissions. And while current natural gas plants are safe for the time being, any new plant will have to adhere to these regulations.

Carbon capture and sequestration (CCS) is the idea that CO2 can be captured, transported and then stored in underground wells. But despite decades of research and development, CCS remains extremely expensive and largely unsuccessful. Only a handful of functioning CCS facilities operate worldwide, and they only capture a small fraction of what experts had projected.