On August 3, President Obama unveiled the Clean Power Plan, calling it “the most important step America has taken in the fight against global climate change.”
The rule calls for a 32 percent reduction in greenhouse gas emissions from U.S. power plants by 2030, compared to emissions levels in 2005. The U.S. Environmental Protection Agency also gave each state its own carbon reduction goal, based on the region's energy mix and current emissions levels.
The rule has been both praised and criticized from all sides of the climate policy debate. But what does it mean for cleantech businesses? How much will it boost activity?
In this episode of Rewired, we discuss five major takeaways from the Clean Power Plan with Malcolm Woolf, senior vice president of policy and government affairs at Advanced Energy Economy.