“‘Can we stop talking about environmental regulations killing jobs, please?’ McCarthy said in a speech at Harvard Law School in Cambridge, Massachusetts. Embracing the need to cut carbon emissions should be seen not as a threat but as a ‘way to spark business innovation,’ she said. At the heart of Obama’s plan will be new EPA regulations that will target carbon emissions from existing power plants, which account for more than one-third of U.S. greenhouse gases and in many cases are fired by coal. McCarthy said the agency will try to replicate the success it had with the U.S. automotive industry.”
