If coal wants a place in a carbon-constrained future, they have to look at technology like this. And we think that our rule can help stimulate technology, growth, and innovation, bring those costs down, and allow coal a more stable opportunity to continue to be invested in.

Climate change is the greatest threat of our time.

I think climate change is probably the most extreme, and it's been going on for years because it's very difficult to talk about a planetary issue like climate change and to get people who live within four-year electoral cycles to actually pay attention to something that you predict is happening way in the future.

Any first-generation technology will. But we are looking at carbon the same way we look at every pollutant under the Clean Air Act; we look for the new technologies that are available. We recognize that these power plants are going to be around for decades.

The climate change is real today, but also the solutions that we have available to us that are cost-effective and beneficial to everyone are at our disposal now.

But just [proposing the standard] puts companies on notice that if you're looking to construct a new natural-gas or coal facility, you really need to pay attention to these. This is what they should be designing new facilities toward as soon as this proposal hits the streets.

I definitely challenge people. But hopefully, I am working harder than anybody else, and so people won't resent the fact that I want them to work hard, as well.