President Obama has recently made some headlines in the news by introducing a controversial environmental and energy plan. The plan is basically an executive order to force coal fired power plants to reduce carbon dioxide emissions by 32 percent from 2005 levels by 2030. This is the biggest stance the president has taken to fight climate change. These said power plants account for about 40 percent of the United States’ greenhouse gas emissions. They are also one of the largest suppliers of powering electricity in the United States. The plan estimates that will, prevent 3,600 premature deaths, prevent 1,700 non-fatal heart attacks, prevent 90,000 asthma attack on children and prevent 300,000 missed workdays and schooldays. In addition it will also save the average american family nearly 85 dollars a year on their energy bills, save enough energy to power 30 million homes and save consumers 155 billion dollars from the years 2020-2030. It will also boost the American economy by creating tens of thousands of jobs, continuing to lower the costs of renewable energy and leads to 30 percent more renewable energy generation. These are all estimates of what life will be like in the year 2030.
Now, there are negatives with this plan, such as immediately it will be very costly to put in place. The proposal would also force the energy industry to deal wit the cost of decommissioning or retrofitting existing, functional power delivery systems and replacing them. This is a very costly affair. In addition, the Chamber of Commerce states that the plan places unrealistic demands on states, which results in more burden on individuals and businesses. The chamber believes that the level of CO2 emissions reductions is unachievable for the power plants.
However, even though this plan is far from perfect, it is a step in the right direction in terms of fighting climate change. The leaders of our country need to realize that climate change is a serious problem that needs to be address sooner rather than later. There is extreme weather happening due to the high levels of greenhouse gasses in the atmosphere. The united Sates alone lost 65 billion dollars on super storm Sandy and 2.3 billion dollars on Hurricane Isaac. President Obama realizes that climate change is a serious issue and is stepping in the right direction to combat it with this plan.
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