Obama administration unveils controversial emissions cap on power plants

Published June 2, 2014 2:16pm ET



FOX NEWS — The Obama administration took aim at the coal industry on Monday by mandating a 30 percent cut in carbon emissions at fossil fuel-burning power plants by 2030 — despite claims the regulation will cost nearly a quarter-million jobs a year and force plants across the country to close.

The controversial regulation is one of the most sweeping efforts to tackle global warming by this or any other administration.

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