Tuesday, November 6, 2012
Obama's EPA Preparing Major Anti-Coal Regulation
Not a surprise, but cloying nonetheless...
From The Washington Examiner article by Conn Carroll (via Drudge):
"President Obama’s Environmental Protection Agency has devoted an unprecedented number of bureaucrats to finalizing new anti-coal regulations that are set to be released at the end of November, according to a source inside the EPA.
"More than 50 EPA staff are now crashing to finish greenhouse gas emission standards that would essentially ban all construction of new coal-fired power plants. Never before have so many EPA resources been devoted to a single regulation. The independent and non-partisan Manhattan Institute estimates that the EPA’s greenhouse gas coal regulation will cost the U.S. economy $700 billion.
"The rush is a major sign of panic by environmentalists inside the Obama administration. If Obama wins, the EPA would have another four full years to implement their anti-fossil fuel agenda. But if Romney wins, regulators will have a very narrow window to enact a select few costly regulations that would then be very hard for a President Romney to undo."
Hey, what's another $700 billion from the likes of Obama? I want to see just how much Obama spends in these next 2 1/2 months.
Labels:
environment,
politics
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