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Market Chatter: Trump Looks to Remove Biden's Climate Mandates on Power Plants
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Market Chatter: Trump Looks to Remove Biden's Climate Mandates on Power Plants
Jun 10, 2025 1:16 PM

03:59 PM EDT, 06/10/2025 (MT Newswires) -- President Donald Trump plans to remove climate mandates on power plants implemented by the Biden administration to curb greenhouse gas emissions as soon as Wednesday, Bloomberg reported Tuesday, citing people familiar with the matter.

The Environmental Protection Agency is also preparing to propose a plan to scale back limits on mercury and other toxic air pollution from power plants, the report said.

The plans are subject to a public comment period.

The EPA declined to comment, Bloomberg said.

"Scrapping these two Clean Air Act protections will impose profound costs on millions of people in America, including more serious illnesses and more premature deaths," the Environmental Defense Fund said, according to Bloomberg.

The EPA didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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