I'm not sure that Obama knew about the new EPA rules, but Obama seeks immediate action to curb emissions
"Now is the time to confront this challenge once and for all," Obama said. "Delay is no longer an option. Denial is no longer an acceptable response. The stakes are too high, the consequences too serious."Obama's plan will force companies to pay for emitting green houses gases. "As a result, alternative energy technologies should become more cost-competitive with fossil fuels."
He repeated his campaign promise to create a system that limits carbon dioxide emissions and forces companies to pay for the right to emit the gas. Using the money collected from that system, Obama plans to invest $15 billion each year in alternative energy. That investment - in solar, wind and nuclear power, as well as advanced coal technology - will create jobs at a time of economic turmoil, he said.
"It will ... help us transform our industries and steer our country out of this economic crisis by generating 5 million new green jobs that pay well and can't be outsourced," Obama said.
Everyone in my family including moi will be lining up for one of those well paying green jobs that can't be outsourced.