Friends, Foes Differ Starkly On ESPS Impacts As D.C. Circuit Arguments Near

Ahead of this month's high-profile oral arguments over EPA's greenhouse gas rule for existing power plants, supporters and opponents of the rule are offering starkly different claims about the rule's economic impacts, with foes painting a dire picture of potential power grid damage and defenders dismissing those claims as hyperbolic and oblivious to market trends toward lower-carbon power. The arguments over real-world impacts of the existing source performance standards (ESPS) appear aimed at bolstering both sides' arguments over statutory and...