Road To Secret Empire: Prepare for whiplash because we're going to go through some serious twists.
How will EPA's new carbon standards impact midterms? Political price for Democrats? The Obama administration took aim at the coal industry on Monday by mandating a 30 percent cut in carbon emissions at fossil fuel-burning power plants by -- despite claims the regulation will cost nearly a quarter-million jobs a year and force plants across the country to close.
The controversial regulation, which some lawmakers already are trying to block, is one of the most sweeping efforts to tackle global warming by this or any other administration.
The page planexpected to be finalized next year, is a centerpiece of President Obama's climate change agenda, and a step that the administration hopes will get other countries to act when negotiations on a new international treaty resume next year. While the proposed regulation drew praise from environmental groups, the coal industry and coal-state lawmakers were immediately wary.
Democratic West Virginia Rep. Nick Rahall announced he would introduce legislation, along with Rep. Bill Bissett, president of the Kentucky Coal Association, said he's "certain that it will be very bad news for states like Kentucky who mine and use coal to create electricity.
McConnell's general election opponent, Democrat Alison Lundergan Grimes, also spoke out against the plan.
The draft regulation sidesteps Congress, where Obama's Democratic allies have failed to pass a so-called "cap-and-trade" plan to limit such emissions.
Under the plan, carbon emissions would be reduced 30 percent bycompared with levels. The proposal sets off a complex regulatory process in which the 50 states will each determine how to meet customized targets set by the EPA. States could have until to submit a plan to cut power plant pollution, and if they join with other states to tackle the problem, according to the EPA's proposal.
EPA data shows that the nation's power plants have reduced carbon dioxide emissions by nearly 13 percent since But with coal-fired power plants already beleaguered by cheap natural gas prices and other environmental regulations, experts said reaching the targets won't be easy.
The EPA is expected to offer a range of options to states to meet targets that will be based on where they get their electricity and how much carbon dioxide they emit in the process.
While some states will be allowed to emit more and others less, overall the reduction will be 30 percent nationwide. The options include making power plants more efficient, reducing the frequency at which coal-fired power plants supply power to the grid, and investing in more renewable, low-carbon sources of energy.
They also can set up pollution-trading markets as some states already have done to offer more flexibility in how plants cut emissions.
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If a state refuses to create a plan, the EPA can make its own. The Obama administration claimed the changes would produce jobs, cut electricity bills and save thousands of lives thanks to cleaner air. But critics disputed the estimates.
Chamber of Commerce has found that each year this regulation will killjobs and force energy rates to skyrocket, so it's no wonder President Obama is circumventing Congress to implement his latest job-killing regulation.
Chamber of Commerce argues that the rule will kill jobs and close power plants across the country. Without waiting to see what Obama proposes, governors in Kansas, Kentucky, Virginia and West Virginia have already signed laws directing their environmental agencies to develop their own carbon-emission plans.
Similar measures recently passed in Missouri and are pending in the Louisiana and Ohio legislatures. On Saturday, Obama tried to bolster public support for the new rule by arguing that carbon-dioxide emissions are a national health crisis -- beyond hurting the economy and causing global warming.
Many of the Democrats who are raising concerns represent coal-producing states and face tough reelection bids. Among them is West Virginia Democratic Rep.
Nick Rahall, whose state gets 96 percent of its power from coal. Rahall said Thursday that he didn't have specific details about the rule, but "from everything we know we can be sure of this: It will be bad for jobs.
The law has long been used to regulate pollutants like soot, mercury and lead, but has only recently been applied to greenhouse gases.
None," Obama said Saturday in his weekly radio and Internet address. But they can dump unlimited amounts of carbon pollution into the air. It's not smart, it's not safe, and it doesn't make sense.
The Associated Press contributed to this report.After earning FDA marketing approval for a controversial new drug, Here's Why AcelRx Pharmaceuticals Lost as Much as % Today A market cap .
A hearing challenging the government’s controversial benefit cap reduction enters its final day today. After a battle through the legal system, three lone parents are bringing a final challenge against the “brutal benefit cap” imposed on them by the Department for Work and Pensions.
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CAP·impact is a blog authored by the Capital Center for Law & Policy at the University of the Pacific, McGeorge School of Law.
Watch video · Voices It may be controversial to say it but it's true – lifting the immigration cap for the NHS is a bad idea. Studies show that doctors from abroad are more likely to be struck off and nurses.
The PM's plans to cap controversial standard tariffs are met with criticism and joy in equal measure as battle lines are drawn. , UK, Thursday 05 October