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The plan is seen as an attempt by Obama to secure his legacy and fulfil election promises during his final months in office. (Photo: whitehouse.gov)

European industry hopes to profit from Obama's new climate plan

European wind and solar industries have welcomed US President Barack Obama’s new climate plan while European politicians see Washington’s move as a positive signal ahead of UN climate talks in Paris.

"We have a moral obligation to leave our children a planet that’s not polluted or damaged", said Obama on Monday (3 August).

The Clean Power Plan

The plan is seen as an attempt by Obama to secure his legacy and fulfil election promises during his final months in office. (Photo: whitehouse.gov)

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