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Evaluate the following statement: The Environmental Protection Agency has recently proposed a relaxation of emissions standards for electric utilities operating in the Midwest. This will

Evaluate the following statement: "The Environmental Protection Agency has recently proposed a relaxation of emissions standards for electric utilities operating in the Midwest. This will allow those utilities to shut down several nuclear power plants, which donot produce airpollutionor carbon dioxide while operating, andexpand facilities using natural gas, a fossil fuel. The utilities will use the cost savings to lower the electric rates they charge their customers, thus creating a more economically efficient market outcome."

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