Healthy Air and Clean Water Act

[AI summary unavailable — showing source text] Healthy Air and Clean Water Act - Amends the Clean Air Act to provide that affected units (coal-fired electric generating facilities that have a nameplate capacity greater than 25 megawatts and that generate electricity for sale) that commence operation after December 31, 2008, shall be considered new units. Prohibits such units from exceeding the mercury emission limit of 0.6 pounds mercury per trillion Btu. Prohibits affected units that commence operation on or before December 31, 2008, from exceeding such limit by January 1, 2011. Sets forth penalties for excess emissions. Requires the Administrator of the Environmental Protection Agency (EPA) to ensure that mercury captured or recovered by emission controls installed at affected units is not re-released into the environment. Sets carbon dioxide emission limits for affected units for 2015, 2020, 2030, 2040, and 2050. Requires the Administrator to establish a carbon dioxide allowance trading program. Declares that nothing in this Act affects the ability of states to take actions to further limit climate change. Directs the Administrator to promulgate regulations to protect specified sensitive ecosystems if the emissions reduction…