| When the Environmental Protection Agency published a rule to reduce carbon emissions from power plants last year, critics quickly said the plan was too economically costly for businesses and home electricity bills. But now, a new study led by researchers from Harvard University finds that nearly all regions of the U.S. stand to gain economically from a power plant carbon standard like the Clean Power Plan, and do so fairly quickly.
Using a scenario that somewhat resembles the Clean Power Plan (CPP) — a policy moderately stringent and highly flexible — researchers calculated net benefits of some $38 billion a year, according to the study published Wednesday in the online journal PLOS ONE...............................................Full Article: Source
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