Birchtech Applauds EPA and President Donald J. Trump's Proclamation Supporting American Clean Coal | BCHT Stock News

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3 days ago
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  • Birchtech Corp. (TSX: BCHT) supports EPA's two-year exemption for coal plants from enhanced Mercury Air Toxics Standards (MATS).
  • The exemption allows 47 coal-fired power plants to operate under existing 2011 MATS until 2029.
  • Birchtech's SEA® technology serves 80% of U.S. coal-fired fleet, enhancing mercury capture and grid stability.

Birchtech Corp. (TSX: BCHT) has announced its strong support for the two-year exemption granted by the U.S. Environmental Protection Agency (EPA) and President Donald J. Trump to 47 coal-fired power plants. This exemption delays compliance with the enhanced Mercury Air Toxics Standards (MATS) introduced under the Biden Administration's Clean Power Plan 2.0, moving the deadline from July 2027 to 2029.

The affected plants will continue operating under the original 2011 MATS regulation, which mandates a 90% reduction in mercury emissions. This decision aims to maintain national energy security and ensure grid stability, as coal-fired generation currently contributes approximately 16% to U.S. electricity production.

According to Birchtech CEO Richard MacPherson, this exemption provides a longer operational runway for essential coal-powered utilities, many of which are long-term customers of Birchtech. The company's SEA® technology is deployed by about 80% of the U.S. coal-fired fleet, facilitating sorbent-based mercury capture and maintaining environmental responsibility.

While the exemption is set to expire in 2029, discussions for an additional two-year extension are ongoing, highlighting the importance of coal as a reliable power source amid rising energy demands.

For further details on Birchtech and its technologies, visit their official website.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.