Obama announces new power plant regulations, to cost $8.4 billion

“In its fact sheet, the White House argues the new rules will create tens of thousands of jobs while ensuring grid reliability.  According to the White House, if the rule is implemented in all 50 states, the average American family can save $85 on their annual energy bill in 2030, though critics say it will raise energy bills.  EPA Administrator Gina McCarthy, drew from her Boston background and called the rollout ‘an especially wicked-cool moment.’  A day earlier, she said the rule would result in an estimated annual cost of $8.4 billion by 2030 and have total benefits, including public-health benefits, of $34 billion to $54 billion per year by then.”

http://www.foxnews.com/politics/2015/08/03/obama-announces-power-plant-regulations/

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