White House Warns Delaying Greenhouse Gas Curbs Could Cost Billions

White House Warns Delaying Greenhouse Gas Curbs Could Cost Billions
(Undated) -- A White House report out today warns that delaying action to reduce greenhouse gas emissions could mean billions of dollars in added costs for the U.S. The report by the President's Council of Economic Advisers says each decade of delay will make it 40-percent more expensive to reach targets to slow or reverse climate change. Meanwhile, hearings on the Environmental Protection Agency proposal to reduce carbon pollution start today in Denver. The EPA's plan is to reduce greenhouse gas emissions by 30-percent by the year 2030, mainly by reducing pollution from coal-fired power plants.