The Environmental Protection Agency (EPA) on Monday repealed limits on carbon-dioxide emissions from power plants imposed by the Biden administration. The EPA also proposed a sweeping action to eliminate all remaining greenhouse gas rules for the sector. The Biden administration's rules required existing coal plants and new natural gas plants to control 90% of their carbon dioxide emissions. An EPA official stated the repeal aims to reduce electricity prices for American families, a key issue ahead of the November midterm elections amid surging gasoline and diesel prices due to the U.S. war with Iran.