Arctic drilling protesters become controversial.Click here to read the brief
The Clean Power Plan would drive dramatic carbon reductions and renewable energy growth at the expense of a steep acceleration in the retirement of coal-fired plants and a temporary spike in electricity prices, the federal government's energy statistics agency projected Friday.
The Energy Information Administration, in its Analysis of the Impacts of the Clean Power Plan, predicted that the Environmental Protection Agency's proposed carbon reduction rules would more than double coal-fired plant retirements over the agency's baseline projections. Although the forecast covered a 25-year period, it said most of the coal retirements would likely occur over the next five years.
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