The EPA is set to issue a final rule slashing the use of ozone-depleting, planet-warming hydrofluorocarbons early next week, before a Sept. 23 deadline, said people familiar with the matter.
Proposed limits for so-called HFCs—used widely for industrial refrigeration and air conditioning—call for cutting production and use in the U.S. by 85% over the next 15 years through an allocation and trading program.
Once released, the standards will be the first major regulatory step from the Biden administration to stem the release of planet-warming greenhouse gases.
HFCs are short-lived but powerful greenhouse gases, and the EPA measure represents a milestone ...