Economy Trumps climate Change

摘要

Meaningful climate change legislation in the U.S. Congress seems unlikely any time soon. Here's why and why this may not be good news, especially for developers of baseload coal-fired power plants. Congress this past summer flirted with climate change legislation. This would be the much-anticipated set of federal rules limiting and controlling the amount of greenhouse gas emissions that power plants-among other fossil fuel users-could emit to the atmosphere. The congressional effort failed but it showed that writing any climate change legislation will be more challenging than many thought.