To help you understand the anticipated updates in the regulatory review process from the White House, and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest…
Facing a divided and chaotic Congress and uncertain 2024 reelection prospects, President Biden will turn to regulation over the next year or so, getting new rules in place before a new administration possibly takes over. Many of the rules should now be familiar to anyone who has followed Washington and its political jockeying over the last decade.
Biden's Clean Power Plan
Case in point, another Clean Power Plan to regulate greenhouse gas emissions by power plants. Biden’s version of the CPP allows more wiggle room for technology, such as carbon capture, to keep coal and natural gas-fired power plants in compliance with new emissions requirements. But critics say regulators still unfairly penalize fossil fuels, the possible basis for future legal challenges.
