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Half a billion dollars to get a gentler climate-change plan

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CURBING EMISSIONS: The plan will reduce greenhouse-gas emissions from power plants 32 per cent by 2030, compared with a 30 per cent cut in the draft.

New York

THERE could be half a billion reasons for the concessions US President Barack Obama's clean-power plan made to a defiant energy industry.

Electric utilities, oil companies and their allies spent US$502 million on lobbying in the year since the Environmental Protection