Grist: In Obama`s climate speech yesterday, he offered a rousing defense of pollution standards, practically cribbing from this post I wrote in 2009. (Be still my heart!) As expected, he called for the EPA to regulate carbon from both new and existing power plants. But he offered no detail, and nothing in his remarks addressed the stringency of the power-plant rules, which is the heart of the matter.
Nonetheless, we now know a couple of things about the coming regs that we didn`t know before.
First,...