In a speech last week at Georgetown University, President Obama announced a new federal mandate to reduce greenhouse gases produced by electric power plants.
Some local coal-burning plants are worried the mandate could drive up the price of electricity for their customers.
"It could create some job loss. There's no doubt that's a possibility, especially if you have other parts of the country or the world who don't have similar regulations. Those industries could move overseas to some other country," Book said.
Book also added he is especially concerned for those consumers who are already struggling to afford electricity as it is.
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