Obama's Climate Plan to Ditch Coal Will Be Good for Business. Really

Bloomberg BusinessWeek: “Every time, they were wrong,” President Obama said today in rolling out his Climate Change Action Plan (PDF) to diminish the nation’s use of coal and other fossil fuels and invest in renewable sources of energy. He was, of course, referring to those who’ve opposed environmental regulations on the grounds that measures such as the Clean Air Act, or the 1988 agreement to curb acid rain, kill jobs and harm the economy.

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