XLU - EPA to seek stricter limits on toxic waste from coal power plants

CreativeNature_nl/iStock via Getty Images The Environmental Protection Agency says it will set stricter standards on wastewater disposal from coal-fired power plants, reinstating regulations that the Trump administration had rolled back. The EPA says it will begin the rule-making process to reduce coal-fired power plant pollution - including toxic metals such as mercury, arsenic and selenium - but the change could take years to go into effect, leaving the weaker wastewater regulations in place during that time. The agency plans to issue a proposed rule for public comment in the fall of 2022, with hopes of finalizing the rule by late 2023 or early 2024. ETFs: [[KOL]], [[UTG]], [[XLU]], [[VPU]], [[BUI]], [[GUT]], [[FUTY]], [[IDU]], [[RYU]], [[FXU]], [[UPW]] Coal has been making something of a comeback since the pandemic, with use picking up in the U.S., China and Europe as electricity demand rebounds from COVID-19 economic shutdowns.

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EPA to seek stricter limits on toxic waste from coal power plants