Trump EPA Repeals Carbon Rules, Coal Gains from Natural Gas Relief

The Trump administration has finalized a partial repeal of the Biden-era carbon rules for power plants. This move removes the 2032 deadline for new natural gas-fired turbines to implement carbon capture systems.

The EPA's own modeling shows that coal will gain the most from this rollback, which could lead to increased supply and potentially lower prices in the natural gas market.

The repeal is expected to keep around 68 GW of coal power plants online, according to the EPA. However, it remains unclear what impact this will have on the overall energy mix in the US.