Three Things to Know About Obama's Newest Climate Plan

Water vapor rises from the Tennessee Valley Authority Paradise Fossil Plant in Paradise, Kentucky, on Aug. 13, 2013. The plant generates and delivers 14 billion kilowatt-hours of coal-fired electricity per year to Western Kentucky and Nashville. Photographer: Luke Sharrett/Bloomberg
Lock
This article is for subscribers only.

It's complicated.

Even by the standards of impenetrable 645-page environmental regulatory proposals, President Barack Obama's plan to to cut carbon emissions from power plants is a handful. Released in June, the proposal uses an intricate formula to set the emissions reductions each state must achieve by 2030.