Obama: Power plant rule will shrink power prices
Source: AP-EXCITE
By DINA CAPPIELLO and JOSH LEDERMAN
WASHINGTON (AP) In a sweeping initiative to curb pollutants blamed for global warming, the Obama administration unveiled a plan Monday aimed at cutting carbon dioxide emissions from power plants by nearly a third by 2030. But it delays the deadline for some states to begin complying until long after President Barack Obama leaves office.
The 645-page plan, expected to be finalized next year, is a centerpiece of Obama's efforts to deal with climate change and seeks to give the United States more leverage to prod other countries to act when negotiations on a new international treaty resume next year. Under the plan, carbon emissions are to be reduced 30 percent from 2005 levels, in what would amount to one of the most significant U.S. actions on global warming.
Obama, in a conference call hosted by the American Lung Association, said the plan would both shrink electricity prices and protect the health of vulnerable Americans. He scolded critics who he predicted would contend anew that the limits would crush jobs and damage the economy.
"What we've seen every time is that these claims are debunked when you actually give workers and businesses the tools and the incentives they need to innovate," Obama said.
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Read more: http://apnews.excite.com/article/20140602/obama-global_warming-121282c5e0.html
The coal-fired Plant Scherer is shown in operation early Sunday, June 1, 2014, in Juliette, Ga. The Obama administration unveiled a plan Monday to cut carbon dioxide emissions from power plants by nearly a third over the next 15 years, in a sweeping initiative to curb pollutants blamed for global warming. (AP Photo/John Amis)
truthisfreedom
(23,113 posts)He's more forward-thinking than any repuke. It's refreshing to have a President who does not make future plans revolve around an imaginary apocalypse.
7962
(11,841 posts)So what changed his opinion?
At least there's 15 yrs to pull it off. Maybe technology will catch up in that time. Similar to the CAFE rules.