IB-C-2015 (April 2015)
Author: Lexi Osborn
As part of the Obama administration’s agenda to address global warming, the Environmental Protection Agency (EPA) introduced new regulations with the purpose of reducing carbon emissions. Titled the “Clean Power Plan,” the controversial rules:
- Will require a new regulatory regime, and holistically seeks to remake the nation’s energy policy;
- Will incur massive costs;
- Will greatly affect energy reliability across the country;
- Is likely illegal; and
- Won’t have any measurable impact on global CO2 emissions.