Science, Space, and Technology Committee Chairman Lamar Smith (R-Texas) today released the following statement after the president announced the EPA’s final rule to regulate emissions from U.S. power plants. The final rule goes a step further than drafts issued in 2013 and last summer, mandating power plants cut an average of 32 percent of their carbon dioxide emissions by 2030. The rule is estimated to cost Americans $8.4 billion annually, making it one of the most costly rules of all time
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