Breaking from The New York Times:
WASHINGTON — The Environmental Protection Agency will unveil a draft proposal on Monday to cut carbon pollution from the nation’s power plants 30 percent from 2005 levels by 2030, according to people briefed on the plan.http://www.nytimes.com/...
The proposed rule amounts to the strongest action ever taken by the United States government to fight climate change.
Woohoo! I think Krugman wrote today about how good carbon emission reduction will be for the economy. Will get the link...brb
Here it is, actually Paul Krugman in Thursday's NYT: Cutting Back on Carbon
The closing paragraph:
Now, we haven’t yet seen the details of the new climate action proposal, and a full analysis — both economic and environmental — will have to wait. We can be reasonably sure, however, that the economic costs of the proposal will be small, because that’s what the research — even research paid for by anti-environmentalists, who clearly wanted to find the opposite — tells us. Saving the planet would be remarkably cheap.