Bloomberg: There could be half a billion reasons for the concessions President Barack Obamas clean-power plan made to a defiant energy industry.
Electric utilities, oil companies and their allies spent $502 million on lobbying in the year since the Environmental Protection Agency proposed new regulations on carbon emissions from power plants, according to disclosures reviewed by Bloomberg. Thats 22 times more than renewable energy companies and environmentalists spent.
Industry groups swiftly condemned...