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.