Barack Obama

Obama To Announce Climate Change Initiative Today

To be unveiled at Georgetown University

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President Barack Obama's new climate initiative will impose deadlines for EPA to write rules throttling carbon dioxide emissions at U.S. power plants, part of a series of efforts that could hit the coal industry hard both at home and abroad — but also create jobs and spark the economy, the administration says.

Tuesday's long-awaited roll-out at Georgetown University will lay out a three-part strategy to lessen U.S. greenhouse gas emissions, help lead international climate talks and protect the U.S. from the effects of climate change.