EPA Administrator Lee Zeldin announced at the G20 Energy Ministers' Meeting that the agency has abolished most of the greenhouse gas requirements for U.S. power plants from the Biden administration era, marking the largest deregulation action in the history of the U.S. power sector. The EPA expects this move to save $310 billion and help unleash America's energy resources, including coal and natural gas. The EPA also proposed repealing the remaining power sector standards, which are projected to save an additional $370 million in direct compliance costs.