NEW INFORMATION: Obama says power plant rule will shrink power prices

By: AP Email
By: AP Email
The new rules seek to cut carbon emissions from power plants by 30 percent by 2030. But states are being given flexibility to develop their own plans for meeting their targets.

MGN Online

WASHINGTON (AP) -- President Barack Obama says Americans' electricity bills will shrink and their children will be healthier due to new emissions limits on power plants.

Obama is promoting his administration's climate change plan during a conference call hosted by the American Lung Association.

Obama says critics will contend the plan will kill jobs and crush the economy. But he says every time those claims are made, they're debunked.

Obama says his plan provides a huge incentive for states to become more efficient and to boost solar, wind, hydro and other clean sources of energy.

The plan aims to curb carbon dioxide emissions from power plants by 30 percent by 2030.
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WASHINGTON (AP) --The Obama administration's new rules targeting power plant emissions will give states until mid-2018 in some circumstances to determine how they'll reach their targets.

That means the rules won't full take effect until long after President Barack Obama leaves office. The delay raises questions about the fate of the landmark rules under the next administration.

The new rules seek to cut carbon emissions from power plants by 30 percent by 2030. But states are being given flexibility to develop their own plans for meeting their targets.

Obama initially wanted states to submit their plans by mid-2016. But details of the proposal obtained by The Associated Press show states could have until 2017 to submit a complete plan. If they join with other states, they could have until 2018.


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