The U.S. Environmental Protection Agency has moved a step closer to eliminating greenhouse gas emissions rules for fossil fuel-fired power plants. On May 14, 2026, the agency submitted a final rule to the Office of Management and Budget for review, a required step before the repeal can be published in the Federal Register and take effect.
The final rule, as described in the EPA's own submission to OMB, would "repeal all greenhouse gas emissions standards for fossil fuel-fired power plants." The OMB has up to 90 days to complete its review.
>> In Other News: Honeywell Gives a Shuttered Indiana Plant Its Second Life
The repeal targets regulations first proposed under the Obama administration and expanded significantly under the Biden administration. EPA Administrator Lee Zeldin formally proposed the repeal on June 11, 2025, under Section 111 of the Clean Air Act, framing it as a move to ensure affordable and reliable energy supplies and reduce costs across transportation, heating, utilities, farming, and manufacturing.
According to EPA's estimates, the proposal would save the power sector $19 billion in regulatory costs over two decades beginning in 2026, or roughly $1.2 billion annually.
The proposed repeal targets the 2015 emissions standards for new fossil fuel-fired power plants issued during the Obama administration and the 2024 rule covering both new and existing fossil fuel-fired power plants issued under the Biden-Harris administration.
As an alternative to a full repeal, EPA also proposed eliminating the most burdensome requirements specifically: emission guidelines for existing power plants and carbon capture and sequestration/storage-based requirements for new combustion turbines and modified coal plants.
A key argument driving the repeal is that greenhouse gas emissions are global in nature, making it difficult to attribute specific public health harms to the U.S. power sector alone. The EPA argued that the Clean Air Act requires the agency to find that emissions from a specific source category "significantly contribute to dangerous air pollution" before regulating them, and the agency's current position is that power plant greenhouse gas emissions do not meet that threshold.
The path to this filing has been long. EPA first proposed the repeal in June 2025. It told a federal court in February 2026 that it planned to send the final rule to OMB by early spring. The final submission came through on May 14, 2026.
Running parallel to the rulemaking, EPA finalized the rescission of the 2009 Endangerment Finding on February 12, 2026, the foundational scientific and legal conclusion that greenhouse gases endanger public health and welfare. That rescission effectively removed the legal basis for a broad range of greenhouse gas regulations across multiple sectors.
The OMB review period can last up to 90 days. Once cleared, the final rule would be published in the Federal Register and become enforceable. The repeal would unwind years of federal rulemaking on power sector emissions that began with the original Clean Power Plan in 2015.
Ongoing litigation, State of West Virginia, et al. v. EPA, remains held in abeyance while the rulemaking proceeds, with status reports filed at 90-day intervals. Depending on the outcome of the OMB review and any subsequent legal challenges, the repeal could reshape the regulatory landscape for U.S. power generation for years ahead.
The Harvard Environmental and Energy Law Program continues to track developments in the case, noting that the rescission of the Endangerment Finding has broader implications for greenhouse gas regulation well beyond the power sector.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏭 Stratos DAC Delay: Inside the Holdup at the World's Largest Carbon Capture Plant 🍁 TD Bank Signs Two DAC Deals in a Week: Deep Sky Is First 🛫 Technip Energies, Airbus, Safran a...
Inside This Issue 🧪 Charm Industrial Secures 61,500-Ton Carbon Removal Purchase and $20 Million Debt Financing to Catalyze Growth ✈️ IATA Urges Bigger Green Aviation Fuel Push as Production Stagna...
Inside This Issue 🏗️ Louisiana Blocks Parish CCS Bans to Protect $20B Pipeline ⛽ Hyperfuels and Terra Mater Form Strategic Partnership on Low-Carbon Fuel 🌿 Skytree Announces First Commercial Skytr...
FASTECH and Bosch Rexroth to Build World's Largest Hydrogen Refueling Station for Transit Buses
San Mateo County, California, USA, June 10, 2026 (GLOBE NEWSWIRE) -- FASTECH, in collaboration with Bosch Rexroth, announced that they have been contracted by the San Mateo County Transit District ...
SHANGHAI, June 12, 2026 /PRNewswire/ -- On June 10, 2026, SHPT held its "New Core, New Journey" New Product Launch during the 10th International Hydrogen and Fuel Cell Vehicle Congress & Exhibi...
Global Investment in Carbon Dioxide Removal Reaches USD 11.5 Billion
Annual capacity to remove carbon from the atmosphere estimated at 18 million tonnes of CO₂e per year. Projected range is 35–63 million tonnes per year by 2030 The CDR sector has established its st...
Fortune Global 500 company makes landmark commitment to nature-based carbon removal at scale - backing the largest verified reforestation program in the US High integrity project showcases how...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.