Jeffrey Holmstead, a partner at the law firm Bracewell & Giuliani who represents several utilities, said the agency is responding to industry’s concerns that even some new natural gas plants would not be able to meet the proposed standard.
“My sense is they realize the path that started down doesn’t work,” said Holmstead, who headed EPA’s air and radiation office under George W. Bush. “This proposal is so completely different from anything they’ve done before they’ve created a problem for themselves.”
So Obama's finally come to his senses about socialism?