The Trump administration just announced plans to repeal the Clean Power Plan, the landmark policy designed to reduce carbon emissions from dirty power plants and put our country on track to addressing climate change.

This is good news for anybody who likes pollution, thinks we ought to hitch our economy to 19th century technology and doesnt mind dealing with extreme weather disasters.

But its not good news for our economy despite the falsehoods youll hear from President Trump, his surrogates and their fossil fuel industry backers.

Heres why.

Under the Clean Power Plan, states are supposed to reduce their carbon emissions from existing power plants by about 30 percent.

To do that, states have a variety of good options. They can increase the availability of clean, renewable energy sources like solar and wind. That creates jobs and drives economic growth.

They can pass policies to make energy efficiency improvements in our schools, offices and homes saving consumers and businesses money along the way. That creates jobs and drives economic growth.

They can clean up or replace outdated coal power plants, reducing their emissions while increasing their efficiency. Guess what? That creates jobs and drives economic growth.

In a recent analysis, E2 found that repealing the Clean Power Plan will sacrifice the chance to create 560,000 jobs and generate $52 billion in economic activity between now and 2030.