President Obama is set to issue an executive order Monday on new carbon pollution regulation that will impact the nation's 600 coal-fired power plants.
The new regulation, drafted by the Environmental Protection Agency, aims to cut up to 20% of carbon dioxide emitted from coal plants--a sizable amount representing the toughest action yet on rolling back climate change undertaken by an American president.
The plan calls for the creation of a state cap-and-trade program, part of a slate of options states have to cut emissions that includes bringing more solar and wind power alternatives online.
Nick Loris, Fellow, The Heritage Foundation and an economist who focuses on energy, environmental and regulatory issues
Robert Stavins, Professor, Business & Government, John F. Kennedy School of Government, Harvard University; Director, Harvard Environmental Economics Program