Obama Said to Propose Deep Cuts to Power-Plant Emissions
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President Barack Obama proposed cuts in greenhouse-gas emissions from the nation’s power plants by an average of 30 percent from 2005 levels, a central part of his plan to fight climate change that also carries political risk.
The proposal, released today by the U.S. Environmental Protection Agency, represents the boldest single step the U.S. has taken to fight global warming, with the administration saying the effort would both boost the economy and cut health woes such as asthma and heart attacks. The effort drew immediate pledges from Republicans to try to block the rule, as they warned it would cost jobs and raise electricity prices.