Obama Orders Cut of Carbon Emissions by Power Plants by 30% by 2030 Through Clean Air Act

At the end of his first year in office, President Obama made a bold promise: the United States would cut its greenhouse gas emissions substantially by 2020.

Unfortunately it was a risky pledge that hinged on Congress. After President Obama was unable to get his major climate change proposal through Congress in his first term, it seemed as though his pledge to the rest of the World and planet Earth might disintegrate into thin air.

But today, President Obama announced plans to bypass Congress entirely. By using his executive authority under the Clean Air Act, he proposed an Environmental Protection Agency regulation to cut carbon pollution from the nation’s power plants 30 percent from 2005 levels by 2030. It’s one of the strongest actions ever taken by the United States government to fight climate change.

“The shift to a cleaner-energy economy won’t happen overnight, and it will require tough choices along the way,” President Obama said Saturday in his weekly radio and Internet address, previewing Monday’s announcement. “But a low-carbon, clean-energy economy can be an engine of growth for decades to come. America will build that engine. America will build the future, a future that’s cleaner, more prosperous and full of good jobs.”

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Cost of Curbing Carbon dioxide is Remarkably Low

Next week the Environmental Protection Agency is expected to announce new rules designed to limit global warming. Although we don’t know the details yet, anti-environmental groups are already predicting vast costs and economic doom. Don’t believe them. Everything we know suggests that we can achieve large reductions in greenhouse gas emissions at little cost to the economy.

Just ask the United States Chamber of Commerce.

O.K., that’s not the message the Chamber of Commerce was trying to deliver in the report it put out Wednesday. It clearly meant to convey the impression that the E.P.A.’s new rules would wreak havoc. But if you focus on the report’s content rather than its rhetoric, you discover that despite the chamber’s best efforts to spin things — as I’ll explain later, the report almost surely overstates the real cost of climate protection — the numbers are remarkably small.

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