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United States·Trade & Economy·Climate·Energy

EPA's $310 billion savings estimate for emissions rule repeal omits health and climate costs, economists warn

Wednesday, 23 September 2026, 08:05 · 1 min read

The Trump administration's Environmental Protection Agency (EPA) has repealed federal rules limiting greenhouse gas emissions from coal- and gas-fired power plants, projecting economy-wide savings of $310 billion between 2026 and 2047 and a 5.8% reduction in average electricity prices by 2035. However, economists warn that the headline figure excludes significant costs: the EPA's own 2025 analysis estimated that additional illness and premature deaths from fine particle and ozone pollution resulting from the repeal would alone cost $130 billion over the same period, with further climate-related damages left unquantified. The real-world impact is already visible in cases such as Michigan's J.H. Campbell coal plant, whose owner reported a net loss of $259 million from being ordered to keep the facility running beyond its planned retirement, costs it is now seeking to pass on to electricity customers across the Midwest.

Sources
The Conversation — EPA says repealing power plant emissions rules will save billions – but its estimate leaves out health and climate costs ↗︎
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