Trump Targets Obama Era Climate Change Regulations

Click on the 'Listen' button above to hear this interview.

President Donald Trump has failed to dismantle the Affordable Care Act for now, but today he set his sights on another piece of President Barack Obama's legacy: The Clean Power Plan.

The CPP created a roadmap for closing down hundreds of heavily-polluting coal power plants, and stops new plants from opening. On Tuesday, President Trump signed an executive order to roll back the CPP and reign in other environmental regulations, including ones aimed at reducing vehicle emissions.

In a rally in Kentucky last week, the president promised his action would bring back coal mining jobs, but economists have said the CPP isn't the biggest reason coal jobs are disappearing. If environmentalists take the administration to court, it could be years before the actions take effect, according to Coral Davenport, energy and environment reporter for our partners at The New York Times.

While environmentalists may be dreading the announcement, many in the energy business are celebrating the move.

Critics of the CPP believe that the plan would have dramatically increased the number of Americans living in "energy poverty" — a term that applies to households spending more than 10 percent of their income on energy. CPP regulations have also been blamed for recent coal power plant closings and halts in the construction of new plants.

Does a CPP repeal mean a 21st century renaissance for the coal industry? Wayne Winegarden, senior fellow at the Pacific Research Institute, joins The Takeaway to explain why the Clean Power Plan's repeal could be good for the average American.