Any locomotives manufactured between 1973 and 2001, must comply with EPA Tier 0 standards (in some cases those originally manufactured 1993-2001 must comply with Tier 1 standards) when they go through a rebuild ("remanufacturing"), even if they didn't meet the standards when originally built. Therefore, they are only "grandfathered" to the extent they continue to be serviceable without a rebuild. Time, therefore, will purge oldies from major RR rosters other than the really old (i.e., originally manufactured before 1973), which are exempt, unless rebuild programs are inexpensive enough to make the older units compliant while being comparable in other ways (reliability, fuel efficiency, etc.) with new power. Since, for example, SD40-2s are relative fuel hogs compared with modern power, while offering less power (not to mention less dynamic braking ability) than new power, without added emissions equipment (which is likely a detriment to both power and fuel efficiency when "added on" to old-tech engines), I'd guess the prospect of seeing large scale rebuilding programs for such power is slim to none.
http://www.dieselnet.com/standards/us/loco.php#tier0
GE, not EMD, makes the best locomotives now; has for over 30 years. Get over it.