The U.S. Environmental Protection Agency (EPA) and state and local governments have signed a new agreement that aims to cut emissions from power plants by 90 percent from 2020.
The agreement, which has yet to be formally approved by the Trump administration, will require utilities to meet emissions targets under a new Clean Power Plan (CPP).
Under the new agreement, states and utilities will be required to install and operate emission-reducing technologies in all their facilities by 2030.
The Clean Power Rule (CPR), signed by President Donald Trump in May, requires states and their power providers to cut their carbon dioxide emissions by 45 percent by 2025 and 80 percent by 2030 from 2005 levels.
States and utilities must submit their emissions reductions plans to the EPA and the states must meet those targets.
The Trump administration has been under pressure from utilities and state governments to ease up on their emission reductions targets, which have been a cornerstone of their economic and political survival.
But under the deal, the EPA is going to give states more leeway in making their plans.
It also includes a new $3 billion grant to states to buy carbon capture and storage (CCS) technology, which could help states meet their emission reduction targets, as well as a cap-and-trade program to lower carbon dioxide pollution.
The EPA said in a statement that the agreement “includes new federal funding for energy efficiency and energy conservation technologies and supports new investment in renewable energy technologies to reduce greenhouse gas emissions and support job creation.”
The new agreement was announced at a White House ceremony Monday.
The Clean Power Rules have been critical to Trump’s plan to cut CO2 emissions, which is expected to be finalized by the end of the year.
It aims to reduce carbon dioxide by 28 percent from 2005 by 2030, and is expected in the next five years to reduce emissions by about a third from 2005.
The CPPs are meant to provide a framework for the federal government to set federal goals on greenhouse gas emission reductions, but critics say they are not binding and that they are a waste of time.
The federal government set a goal of cutting carbon dioxide in 2025, but then in 2020, the Trump Administration decided to extend the target beyond 2020.
The EPA said it wanted to extend it by two years, which was the new standard.
The agency has been criticized for not meeting its targets and for being too weak.