Highlights of Obama's climate plan

President Barack Obama unveiled a sweeping plan Tuesday to combat climate change and prepare the U.S. and other nations for its effects.

Some highlights of the president's plan:

REDUCE POLLUTION

? Issue a presidential memorandum to launch the first-ever federal regulations on carbon dioxide emissions from existing power plants.

? Finalize proposed limits on carbon dioxide emissions from new power plants without further delay.

? Provide up to $8 billion in federal loan guarantees to spur investment in efficiency projects and advanced fossil energy, including technology to limit carbon emissions.

? Expand permitting for renewable energy projects like wind and solar on public lands, with a goal of powering more than 6 million homes by 2020.

? Set a goal of installing 100 megawatts of renewable energy projects on federally assisted housing projects by 2020.

? Take more aggressive steps to increase efficiency for appliances and federal buildings, with a goal of reducing carbon dioxide pollution by 3 billion metric tons overall by 2030.

? Develop fuel-economy standards for heavy-duty vehicles.

PREPARE FOR CLIMATE CHANGE

? Create a National Drought Resilience Partnership to help communities, farmers and landowners prepare for droughts and wildfires.

? Promote climate change preparedness by creating a toolkit for local governments and businesses, and by partnering with hospitals.

? Update flood risk reduction standards that all federally funded projects must meet.

GLOBAL EFFORTS

? Work with China, India and other major polluting countries to reduce emissions.

? End U.S. public financing for new coal-fired power plants in other countries. Plants in the poorest countries using the most efficient technology available would be exempt.

Source: http://news.yahoo.com/highlights-obamas-climate-plan-190959869.html

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