power plant

PR Newswire/AP

President Trump fulfilled one of his big campaign promises on Tuesday: He signed an executive order that directed the Environmental Protection Agency to roll back the Obama administration’s Clean Power Plan.

That plan was intended to cut harmful carbon emissions by replacing coal-fired power plants with renewable energy sources. Trump wants to repeal it as a step towards boosting the struggling coal industry.

But in Florida and across the country, it's doubtful the rollback will have much impact -- positive or negative, says University of Miami economist David Kelly.

Susan Stocker / Sun Sentinel via Miami Herald

Regulators decided Tuesday that a $1.3 billion, natural gas-fired power plant --- proposed in rural Okeechobee County by Florida Power & Light --- is needed to meet the demands of the state's growing population.

The decision by the Florida Public Service Commission came after objections from a pair of environmental groups, the state Office of Public Counsel and the Florida Industrial Power Users Group. The Office of Public Counsel represents consumers in utility issues, while the Florida Industrial Power Users Group represents large electricity users.