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Obama greenhouse-gas cuts splits power, coal industries

2014-05-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Bracing for greenhouse-gas rules from the Obama administration, two industries are staking out different positions. Coal companies are pledging to sue. Electric utilities are ready to talk. That split may give U.S. President Barack Obama a chance to rally support -- or at least blunt resistance -- to his plan, which is due June 2. Electric companies say they hope to convince Obamas aides that cuts in carbon emissions already achieved should count toward the goals in his plan, which could call...

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