We've been waiting for this. We've been waiting for something to happen. But finally, finally, it's about to happen.
So what's about to happen? 30% by 2030, that's what. Today, the EPA announced a new rule requiring power plants reduce their carbon emissions by 30% (below 2005 levels) by 2030.
This is a big deal. 32% of overall carbon emissions come from power plants, so this new rule will target a key source of the greenhouse gases that are fueling climate change.
But is it big enough? 2005 was a peak year for carbon emissions, so we're already close to halfway to this goal before this new rule is even implemented. At least some environmentalists were expecting more. And despite the howls of anger from certain "TEA" tinged circles, the new rules are remarkably frugal and business friendly.
We've pointed this out numerous times before. We're already experiencing the effects of climate change now. The evidence is already mounting. And action is sorely needed.
While today's new EPA rule is not a panacea, it's a major first step that must be taken in order to form a comprehensive plan to tackle climate change. This is the fulfillment of a promise President Obama made nearly a year ago to take serious climate action. And contrary to the alarms of the "TEA" powered naysayers, the new EPA rule can actually give our economy a boost.
But of course, more must be done. Our climate and economy can benefit from more investment in renewable energy. And better energy efficiency standards can negate the need more fossil fuels.
More must be done... By Congress, the states, municipalities, and ultimately by all of us. This truly is an "all hands on deck" situation. But at least now, President Obama is steering this ship in a cleaner & greener direction. 30% by 2030 may not be a panacea, but it's a good start to journey to 100% effective climate action.