EPA vows to tread carefully - Robin Bravender - POLITICO.com

And, she insisted, the new rules will not involve a cap-and-trade program like the failed climate bill from Capitol Hill. “This is not any type of a cap approach,” McCarthy said. “
...Industry officials were also quick to blast EPA’s plans. “EPA’s proposals would carry tremendous costs but no benefits for the American people – all pain and no gain,” said Charles Drevna, president of the National Petrochemical & Refiners Association.

Environmentalists applauded the announcement, and they’ve vowed to rally around EPA greenhouse gas rules after climate legislation collapsed in Congress.

“Actions and efforts to try and stop the EPA from moving forward with these standards represent nothing more than old and dirty politics as usual — polluters that want to hold hostage America’s clean energy future and our public health with bullying and unfounded threats of doom and gloom,” said Joe Mendelson, director of global warming policy at the National Wildlife Federation.