The greenhouse gas reductions required by the Obama administration’s proposed rule on power plants will not get the world to where it has to go to avert the worst consequences of climate change. But they are likely to be enormously beneficial: good for the nation’s health, good for technological innovation, good for President Obama’s credibility abroad, and, in time, good for the planet and future generations. The proposed rule — and the importance of this cannot be overstated — signals the end of an era in which polluters could dump greenhouse gases into the atmosphere without penalty. It would […]

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