President Obama will deliver a major climate change proposal today at Georgetown University that will significantly curb carbon emission on coal-fired power plants and boost wind and solar energy production on federal lands.
The plan does not come with a timetable for the power plant rules and puts the Environment Protection Agency in charge to enact the changes. The Obama administration will provide up to $8 billion in loan guarantees to encourage clean tech innovation. Opponents of the plan charge that it would drive electricity prices up and hurt the businesses and slow job creation.
Bob Inglis, Executive Director, Energy and Enterprise Intitiative, George Mason University; while a Republican Congressman (1993-98, 2005-10) for South Carolina, Inglis served on the House Science Committee and the House Energy and Environment Subcommittee.
Bob Deans, Director of Federal Communications, Natural Resources Defense Council (NRDC)