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  • bluecheese4u bluecheese4u Jun 17, 2013 2:34 PM Flag

    Obama Tells Keystone Foes He Will Unveil Climate Measures

    Obama Tells Keystone Foes He Will Unveil Climate Measures

    Bloomberg News
    By Lisa Lerer
    June 14, 2013

    With his administration under pressure from environmentalists to reject the Keystone XL pipeline project, President Barack Obama plans to unveil a package of separate actions next month focused on curbing U.S. greenhouse gas emissions.

    At closed-door fundraisers held over the past few weeks, the president has been telling Democratic party donors that he will unveil new climate proposals in July, according to people who have attended the events or been briefed.

    Obama’s promise frequently comes in response to pleas from donors to reject TransCanada Corp (TRP).’s proposed Keystone XL project, a $5.3 billion pipeline that would carry tar-sands oil from Canada to U.S. refineries. Opponents of the pipeline say it would increase greenhouse-gas emissions by encouraging use of the tar sands.

    While Obama has not detailed the specifics of his plan to the donors, pipeline opponents anticipate the package will include final rules from the Environmental Protection Agency to limit greenhouse-gas emissions from new power plants. In April, the EPA delayed issuing the rule after the electric-power industry said the initial proposal was unworkable. Since then, the agency has been revising the rules, and environmental groups are urging the EPA not to scale back its initial plan.

    Power Plants

    The White House plan may also include pledging to issue a standard for limits on existing power plants, something EPA officials have said they expect to propose in the next 18 months.

    Final decisions about the specific policies included in the president’s package are still being made, according to a person close to the White House.

    Speaking to donors in Palo Alto, California, last week, Obama called the need for action on climate change one of the “most important decisions” facing the country.

    “We’re not going to be able to make those changes solely through a bunch of individual de

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