If this government program sounds too good to be true, it is. To say Obama oversold his plan is putting it gently.
When it comes to climate change, the Clean Power Plan is a non‐starter. Climate change in the 21st century is going to be driven by carbon dioxide emissions from the world’s developing nations as they strive to meet the basic energy demands of their current and future populations — 1.3 billion of whom have no access to electricity at all, much less an adequate supply. In already developed nations, like the U.S. and Western Europe, where energy needs have largely been met, future projections don’t foresee significant emissions increases. Consequently, when it comes to future climate change, the contribution from developing nations will outweigh that from developed nations by about 10 to 1.
Even if we implement the Clean Power Plan to perfection, the amount of climate change averted over the course of this century amounts to about 0.02 C. This is so small as to be scientifically undetectable and environmentally insignificant. The plan will have little impact on warming, no impact on the future character of extreme weather events, and will it certainly do nothing on national security.