The Associated Press
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:
-- 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.
-- 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.
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