Trump administration moves to stop requiring polluters to report emissions

The Trump administration on Friday announced that it plans to stop requiring more than 8,000 polluters to report greenhouse gas emissions.

The U.S. Environmental Protection Agency’s proposal would see industrial facilities like coal-burning power plants, oil refineries, and steel mills no longer have to track and report the amount of carbon dioxide, methane, and other emissions they emit—a requirement that had been in place since 2010.

The agency said that U.S. businesses could save as much as $2.4 billion in regulatory costs over the next decade as a result of the change. Some experts have argued that the societal costs of emissions from companies in the U.S. could run into the tens of trillions by 2050. The EPA did not immediately respond to Fast Company’s request for comment.

The EPA