Article excerpt courtesy: Fortune / CNNMoney.com
"NEW YORK (Fortune) -- If Congress won't get the job done on climate change, President Obama has a way to do it himself. But is he strong-arming the legislative branch?
It certainly looks that way as a series of new environmental regulations, released over the past two weeks by the EPA, are putting legislators on notice and executives on edge.
The rules are the federal government's broadest swipe yet at regulating greenhouse gasses. According to EPA chief Lisa Jackson, "We've taken the historic step of proposing the nation's first-ever greenhouse-gas emissions standards for vehicles, and moved substantially closer to an efficient, clean energy future."
The Environmental Protection Agency, which reports to the White House, is a new player in this arena. Before 2007, greenhouse gases were considered outside the EPA's purview because regulating them would have required cracking down on specific industrial practices that other agencies had under their charge."
Read the remainder of the article HERE.
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