A Politico analysis says:
Barack Obama finally gave his big climate speech Tuesday — the one environmentalists have been waiting for since he first took office.
But even his biggest proposals fall short of what environmentalists had been hoping for, and what he came into the White House promising to achieve.
Obama once pushed for an ambitious cap-and-trade bill, and pledged to eliminate the generous tax loopholes for oil and gas companies. Now, he’s offering new rules for power plants and energy efficiency — steps environmentalists praise, though hardly the sweeping agenda they’d once envisioned. [Emphasis added]