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.
Guests:
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)