Obama's plan to address warming would regulate existing power plants -- and bypass Congress
President Obama will roll out a highly anticipated plan this afternoon to curb greenhouse gas emissions from today's power fleet, help coal-fired plants finance carbon capture and storage technology and invest in efficiency and renewable energy, senior White House aides said yesterday.
2. CAMPAIGN 2014:
As Obama advances his climate plan, GOP harks back to cap and trade and sees political opportunity
Almost four years to the day after the House passed a carbon dioxide cap-and-trade bill that Republicans made a centerpiece of their campaign efforts in the 2010 election cycle, President Obama today will unveil a long-expected climate plan that GOP strategists say could become a focal point for their 2014 efforts to defeat Democrats.