Today, President Obama released his Clean Power Plan, a first-of-its-kind plan to cut carbon pollution from the nation’s power plants. The effort to limit carbon from power plants was lead by EPA Administrator Gina McCarthy, who lead a similar effort in Massachusetts that forced the clean up of Massachusetts coal plants.
According to the Center for American Progress:
The Clean Power Plan is the most ambitious action yet taken in the United States to slow global warming, and is a key part of the president’s strategy in the global fight against climate change. A draft version of the plan was released last summer and the final version responds to more than 4.3 million comments from states, utilities, communities, and more. Here are a few key things to know about the finalized rule:
- 40 percent: Carbon-dioxide pollution is the leading contributor to climate change and power plants produce the largest amount of carbon-dioxide emissions in the United States, making up about 40 percent of all carbon pollution in the country.
- 32 percent: Under the finalized version of the Clean Power Plan, states will be required to reduce carbon pollution by 32 percent from 2005 levels—a nine percent increase from the previous target.
- $93 billion: The projected benefits far outweigh the costs of implementing the plan. The Clean Power Plan will lead to climate and health benefits of up to $93 billion by 2030.
- $85: The average American family will see annual savings of $85 on their energy bill in 2030, and between 2020 and 2030 consumers will save a total of $155 billion.
- 3,600: By 2030, the reduction in power plant pollution will prevent up to 3,600 premature deaths a year.
- 870 million: When the Clean Power Plan is fully in place in 2030, there will be 870 million tons less carbon pollution—that is the equivalent of the annual emissions of more than 166 million cars, or 70 percent of cars in the country.
Read the full Center for American Progress analysis here.