"Obama Said to Put Personal Push Behind EPA Emission Rules"

"U.S. President Barack Obama plans to personally unveil proposed carbon-emissions rules for power plants, elevating climate change policy as a top tier issue for his final two years in office, according to two people familiar with White House strategy.

Obama is preparing to make the announcement with Environmental Protection Agency Administrator Gina McCarthy, who said this week the rules are on track to be proposed by June 2, according to the people, who spoke on the condition of anonymity because the schedule is still being planned.

After relegating climate change to the back burner during his first term, Obama would be taking an unusual step of announcing regulatory proposals before they are finalized by the federal government and years before they would be implemented. His direct engagement is intended to demonstrate to environmental advocates and business interests that he’s committed to stricter emissions standards."

Lisa Lerer and Julianna Goldman report for Bloomberg News May 15, 2014.

Source: Bloomberg, 05/15/2014