Repeal of the US Clean Power Plan “makes no economic sense"
Commenting on the announcement expected today that the United States Environmental Protection Agency is planning to repeal President Obama’s Clean Power Plan, Bob Ward, policy and communications director at the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science, said:
“The repeal of the Clean Power Plan makes no economic sense. The American coal industry is in decline because it is being replaced by cleaner and cheaper sources of power, and the Clean Power Plan was simply accelerating the phase-out to realise the benefits of lower greenhouse gas emissions and less local air pollution. It is mystifying that the Environmental Protection Agency is trying to take the American power system backwards and not forwards to modern, clean and efficient electricity generation. Other parts of the world have recognised that coal-fired power stations have no future, and the United Kingdom is today well on its way to phasing them out completely by 2025, even though the first one was opened here in London in 1882.”
For more information about this media release, please contact Victoria Druce on +44 (0) 20 7107 5865 or v.druce@lse.ac.uk, or Bob Ward on +44 (0) 7811 320346.
NOTES FOR EDITORS
- The Grantham Research Institute on Climate Change and the Environment (https://www.lse.ac.uk/grantham) was launched at the London School of Economics and Political Science in October 2008. It is funded by The Grantham Foundation for the Protection of the Environment (https://www.granthamfoundation.org/).
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