Obama announces power plant regulations, GOP lawmakers vow fight

WASHINGTON – President Obama on Monday announced new regulations on power-plant carbon emissions that will have a dramatic impact on how Americans make, store and use energy.

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The president, speaking at the White House, touted the plan as a necessary step to combat global warming, even as the coal industry gears up to challenge the controversial regulations in court and Republicans prepare to fight them in Congress. "There is such a thing as being too late when it comes to climate change," Obama said. More...