OBAMA 2.O / ENVIRONMENT
Those rules outraged the coalburning industry, which currently
has no realistic way to meet the
emissions limits. Large-scale carbon capture and control technology is decades from commercialization, despite the roughly $5
billion the Obama administration
has invested in developing “clean
coal” technology. The upshot: The
rule effectively prevents the building of new coal plants.
In the second Obama term, environmental groups want more.
They want to see those rules finalized, and more importantly, they
want new rules for existing power
plants, which account for roughly
40 percent of the country’s emissions. Just how aggressive the
administration will be is an open
question, given that it would almost certainly force existing coal
plants to shutt W"