"In marathon meetings and tense all-day drafting sessions, dozens of lawyers, economists and engineers at the Environmental Protection Agency are struggling to create what is certain to be a divisive but potentially historic centerpiece of President Obama’s climate change legacy," the New York Times reports.
"If the authors succeed in writing a lawsuit-proof regulation that is effective in cutting carbon emissions from America’s 1,500 power plants — the largest source of the nation’s greenhouse gas pollution — the result could be the most significant action taken by the United States to curb climate change."
"But if the language in the regulation is too loose, there could be little environmental impact. And if it is too stringent, it could lead to the shutdown of coal plants before there is enough alternative power to replace them and, ultimately, to soaring electric bills, power blackouts and years of legal battles."
Crossposted at Wonk Wire.