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​Obama launches biggest US plan to cut greenhouse emissions

Published time: June 03, 2014 11:59
Edited time: June 03, 2014 12:51
Environmental Protection Agency (EPA) Administrator Gina McCarthy signs a proposal under the Clean Air Act to cut carbon pollution from existing power plants during a news conference in Washington June 2, 2014 (Reuters / Joshua Roberts)

Environmental Protection Agency (EPA) Administrator Gina McCarthy signs a proposal under the Clean Air Act to cut carbon pollution from existing power plants during a news conference in Washington June 2, 2014 (Reuters / Joshua Roberts)

The Obama administration has introduced a plan to cut greenhouse gas emissions by a third of 2005 levels by 2030. It could reshape the US electricity sector, and potentially cancel the emissions equivalent to about 70 percent of all the cars in the US.

The reduction is equal to the emissions from powering more than half the homes in the US for one year. It is aimed to avoid up to 6,600 premature deaths, up to 150,000 asthma attacks in children, and up to 490,000 missed work or school days, providing up to $93 billion in climate and public health benefits,” says the statement from the Environmental Protection Agency (EPA), the regulatory body that drew up the plan.

The move is expected to benefit alternative energy sources, as well as gas, renewables and nuclear power.

Source: FT, Energy Information Agency

Besides having the positive effect on the environment, the “Clean Power Plan” is hoped to create tens of thousands of new jobs and lead to a cut in household electricity bills by roughly 8 percent as energy efficiency will be improved, the EPA said.

It would hurt the country’s coal industry, as the plan could reduce the demand for coal by up to 27 percent as well as cut prices by 17 percent, the EPA said.

The US authorities and businesses divided over the move.

For President Barack Obama the new rules come as a serious step towards meeting his promise to reduce pollution volumes by 2020, which the president made in his first year in office.

These new standards are going to help us leave our children a safer and more stable world,” the Financial Times quotes President Obama as saying.

The “Clean Power Plan” is seen as Obama’s last chance to substantially shape domestic policy and define his legacy. The initiative is also supported by European leaders and others who see it as a motivator for other countries in the deadlocked international climate change negotiations.

However, the American Coalition for Clean Coal Electricity (ACCCE) warned the initiative would have a dramatic effect on the US economy.

ACCCE president Mike Duncan said the move will create “America’s next energy crisis” as some states will be unable to meet the EPA standards.

Under the new environmental initiative, each US state will get its own emissions limit.

US business groups involved in the coal industry warned that instead of benefiting the economy the plan would raise bills, cause job losses, and increase the risk of blackouts.

Comments (20)

 

Lee 17.06.2014 16:22

Saying that it is just about money is somewhat naive. Cutting our energy supply at the legs align's perfectly with the depopulation approach of Agenda 21. The words scribed on the Georgia Guide Stones give proof to decades of planning to get us to where we are now. One only has to follow the the well branched path that leads to the WWF and it's founders to see who is actually calling the shots. I recommend that you read the ideology and come to realize the plan for our future as it is turning out that the colour green is actually the new brown.

 

mergon 15.06.2014 09:56

How come its the people who get a lavish lifestyle for free with 500ci limos the worlds biggest jet plane and probably
a boat /ship with the biggest engines that keep telling us we have to pay more in prices and taxes to cut down on pollution !

These are the very people who pollute the planet and they dont get to pay a red cent !

Right i have to go to the shops in my plastic bodied recycled car with its 3.5 Briggs and Straton engine
so i can buy some recycled food !
Dont worry about me mr president you enjoy that lobster dinner ,and you look good in that $10,000 Saville row suit !

 

mergon 15.06.2014 09:47

American government is a corporation and makes and changes laws to maximise profits ,
Think green buy an electric car and dont pay road tax , wrong if we all went out and bought an electric car they would change the laws to tax all electric vehicles ,
if you came up with free energy device that actually worked you would not wake up to see the next day !

Emissions are just another way of making more money out the public ,when you got someone driving around in a 500ci limo telling you you need to save the planet you need to take a step back and look at people like this who fly around the world in their own jet !

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