EPA to unveil new climate plan to allow states to use cap and trade systems

|By:, SA News Editor

The Obama administration is planning to introduce next week a new climate-change initiative that would allow states to use cap-and-trade systems, renewable energy and other measures to reduce carbon emissions by existing power plants.

The proposal, which would affect hundreds of power plants nationwide, is designed to allow states some flexibility in meeting benchmarks instead of placing emissions limits on individual plants.

The EPA is scheduled to complete the rule by June 2015 with states submitting their plans the following yea. but likely lawsuits and political opposition could easily upend that timeline.

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