Today President Obama gave a speech outlining the administration's plan to take on climate change. (Video of the speech available on YouTube, and the White House published an infographic as well.) Most significantly, Obama's plan would have the EPA set limits on carbon pollution from all U.S. power plants, a goal already meeting resistance from Republicans. The plan also sets the goal of funding enough solar- and wind-based energy projects on public lands to power over 6 million homes by 2020. By 2030, it aims to use efficiency standards to reduce carbon pollution by 3 billion metric tons. Obama called for new efforts to deal with extreme weather like Hurricane Sandy. He also pointed out the difficulty in getting emerging industrial economies to be environmentally conscious. To that end, the plan calls for the end of U.S. support for financing coal power plants in foreign countries, unless those plants use carbon capture and sequestration technologies. The speech addressed the controversial Keystone XL pipeline, which would carry up to 800,000 gallons of oil per day from Canada into the U.S. Obama indicated that approval for the pipeline would be tied to emissions goals.
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