Trending In Our News Feeds – Obama to unveil major climate initiative. President Obama will announce a new climate initiative today at Georgetown University. The centerpiece of the initiative will be a mandate requiring the EPA to create regulations on carbon dioxide emissions from power plants by June 2015. Obama will announce raised standards for emissions from cars, and call on Congress to subsidize clean energy while cutting tax breaks to the oil and gas industries. Politico says the president will sell the plan as both an environmental move and an economic one that will create new jobs in the green sector.
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