Report Confirms EPA Regulations will be WORSE than Cap & Trade!
A report from the National Center for Public Policy Research finds that if the EPA enacts their regulations regarding Global Warming and Greenhouse Gases, it will virtually send the oh-so-minor ‘recovery’ of America’s economy right down the toilet.
The EPA has been considering regulating the emissions of carbon dioxide and other greenhouse gases under the Clean Air Act, which the Supreme Court gave them the authority to regulate greenhouse gases in order to fight air pollution.
According to CNSNews.com:
“These regulations,” author Dana Joel Gattuso wrote, “will have a more severe impact on energy costs, U.S. jobs, household income, and economic growth than cap-and-trade legislation would have had. Furthermore, the regulations could reverse the economy’s direction toward recovery and push us back into an economic slump.”
The EPA plans to impose standards for power plants in July, 2011, and for refineries in December, 2011. They will issue final standards in May and November of 2012, the EPA announced during a press conference in December of 2010.
These standards will be devastating to these industries, further imposing (it appears) the Obama Administration’s reluctance to support any kind of energy or power source that is not sun or wind related. If these standards are imposed,…
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