By Paul Ausick August 4, 2015 1:25 pm EDT
When the U.S. Environmental Protection Agency (EPA) published its Clean Power Plan on Monday, the agency focused on a 32% cut from 2005 levels of U.S. carbon emissions by 2030. Power generation plants produce 31% of all U.S. carbon dioxide emissions, so a reduction of 32% promises to reduce total U.S. emissions by close to 10%.
…While this rule will do nothing to affect the agency’s climate indicators, it holds the strong potential to raise electricity prices, cost American jobs, endanger reliability, and make our nation less competitive. …