The EU Parliament has just issued a draft law stating that banks may only pay a bonus to bankers of up to one times annual base salary (twice if the shareholders vote to allow such).
Professor DOUGLAS BAIRD (Law, University of Chicago Law School): You can't lose such a large part of your customer base and not expect that large employment consequences are going to follow.
The White House may have acted to solidify its environmental base but, in doing so, it is following the law and giving modern generators a shot to compete with their older coal cousins.