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EPA greenhouse gas rule may lay new bet on future natural gas supplies
EPA greenhouse gas rule may lay new bet on future natural gas supplies

The Obama administration's ambitious plan to reduce greenhouse gas emissions from U.S. power plants 30% by 2030 is laying another big bet on future U.S. natural gas supplies. The boom in U.S. production, the result of hydraulic fracturing and horizontal drilling into shale formations, has sharply boosted the availability of gas since 2009, but the abundance has prompted multiple new claims to the resource. The Environmental Protection Agency is preparing two new rules that will weigh heavily on U.S. coal-fired generating plants. The rule on reducing greenhouse gases will be difficult for many, if not all, of the U.S. coal plants to satisfy. And already a massive wave of retirements of...

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