Basically this is a new tax.
Check it out:
President Barack Obama is preparing to bypass Congress on climate change and use his executive powers on everything from power plants to energy standards for appliances.
The president will soon outline the climate plan in a highly anticipated speech, and though official details are still under wraps, a top White House official said this week the president’s agenda will focus broadly on EPA regulations, energy efficiency and renewable power.
The White House plan is expected to rely on a series of executive actions that various federal agencies can take to address greenhouse gas emissions. The president threatened to make such a move in his February State of the Union Address if Congress failed to act.Continue reading on www.politico.com