The share of gas-fired power generation in the U.S. energy mix is set to rise as the first carbon pollution standard issued by the U.S. Environmental Protection Agency (EPA) entrenches the current cost advantage for natural gas over coal.
The rulemaking only concerns new generating units that will be built in the future, and does not apply to existing units already operating or units that will start construction over the next 12 months, EPA said today.
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