What Obama’s climate change proposal means for consumers and energy companies

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The Washington Post

NEW YORK — America is slowly moving toward cleaner sources of energy and using less of it overall. President Barack Obama’s plan to fight climate change will accelerate those trends.

The plan aims to reduce power-plant emissions of carbon dioxide, increase America’s reliance on natural gas and renewables and make trucks, homes and businesses more efficient.

Some parts of the plan will take months to work out and years to go into full effect. The most ambitious part of the plan seeks to rein in one of the biggest sources of carbon dioxide emissions: coal-fired power plants.

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