EPA's Rules May Force Power Failures
Wed, September 7, 2011 at 2:51 That's nice and all but didn't Obama just overrule these twits at the EPA? Oh. Wait. He's in campaign mode as always so he doesn't mean anything he says. Can we eviscerate the EPA yet?
It was easy last week, when President Obama scrubbed an expensive proposed environmental regulation, to wonder whether the world had turned right side up. Without doubt, Obama made the wise decision when it came to proposed new ozone regulations. As Mitch McConnell said on the Senate floor today, the president created more jobs by reversing one regulation than he ever will with a speech. But as I wrote this weekend, only if Republicans continue to hammer away at other job-killing regulations will this have been a first step worth celebrating — otherwise, it’s just a chance for Obama to tout a job-creation gesture and a supposed spirit of compromise. May I humbly suggest one such regulation to next spotlight for elimination? The Cross-State Air Pollution Rule, when combined with another proposed regulation (the Utility Maximum Achievable Control Technology or “Utility MACT” rule), will cost the country $17.8 billion a year and put 175,000 jobs at risk each year, as well. Now, that’s nowhere near as expensive as the proposed ozone regulations — which would have cost the country up to $90 billion a year, with as many as 7.3 million jobs lost by 2020 — but I’d say 175,000 newly employed is nothing to sneeze at. Plus, the two regulations would increase electricity rates by more than 23 percent in some areas of the United States that rely on coal for electricity. In addition, consumers will be paying more than $8 billion a year in higher natural gas prices because of these proposed rules.
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