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    coal-investing

    Obama Administration Reveals New EPA Emissions Rules

    Teresa Matich
    Jun. 03, 2014 09:36AM PST
    Industrial Metals Investing

    The Guardian reported that the Obama Administration unveiled its new EPA rules regarding carbon emissions this week, which will largely affect the coal industry. According to the Guardian, the rule implementations mark the first time a U.S. president has taken measures to regulate carbon emissions from power plants.

    The Guardian reported that the Obama Administration unveiled its new EPA rules regarding carbon emissions this week, which will largely affect the coal industry. According to the Guardian, the rule implementations mark the first time a U.S. president has taken measures to regulate carbon emissions from power plants.

    As quoted in the press release:

    The EPA said the regulations, which would cut carbon pollution from power plants 30% from 2005 levels by 2030, would “fight climate change while supplying America with reliable and affordable power”. The EPA administrator, Gina McCarthy, said the new rules would be critical to Obama’s efforts to deliver on his promise – to Americans and the international community – to fight climate change.

    Click here to read the full Guardian article.

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