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Obama: Power plant rule will shrink power prices

2014-06-02 20:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: 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...

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