The EPA’s new climate regulations touted as a turning point by the Administration is about as accurate as: "If you like your insurance plan, you can keep your plan." Not to mention that they won’t do anything at all for the climate change.
The new rules supposedly give states “flexibility” in deciding how to meet the mandates. However, many will have little choice but to impose costly cap-tax-and-trade regimes like the ones Congress has wisely and repeatedly refused to enact. Others will be forced to close perfectly good, highly reliable coal-fueled power plants that currently provide affordable electricity for millions of families, factories, hospitals, schools and businesses. The adverse impacts will be enormous.
The rules will further hobble a U.S. economy that actually shrank by 1% during the first quarter of 2014, following a pathetic 1.9% total annual growth in 2013. They are on top of $1.9 trillion per year (one-eighth of our total economy) that businesses and families already pay to comply with federal rules.
A U.S. Chamber of Commerce study calculates that the new regulations will cost our economy another $51 billion annually, result in 224,000 more lost jobs every year, and cost every American household $3,400 per year in higher prices for energy, food and other necessities. Poor, middle class and minority families – and those already dependent on unemployment and welfare – will be impacted worst. Those in a dozen states that depend on coal to generate 30-95% of their electricity will be hit especially hard.
Millions of Americans will endure lower quality of life and be unable to heat or cool their homes properly, pay their rent or mortgage, or save for college and retirement. They will suffer from greater stress, worse sleep deprivation, higher incidences of depression and alcohol, drug, spousal and child abuse, and more heart attacks and strokes. As Senator Joe Manchin (D-WV) points out, “A lot of people on the lower end of the socio-economic spectrum are going to die.” EPA ignores all of this.
President Obama says the costly regulations are needed to reduce “carbon pollution” that he claims is making “extreme weather events” like Superstorm Sandy “more common and more devastating.” The rules will also prevent up to 100,000 asthma attacks and 2,100 heart attacks in their first year alone, while also curbing sea level rise, forest fires and other supposed impacts from “climate disruption,” according to ridiculous talking points provided by EPA boss Gina McCarthy.
Note that Obama falsely claims that CO2, one of the planets main life sustaining ingedients, is a pollutant. As well his claim that CO2 is making extreme weather events like Superstorm Sandy more common and more devastating it false as records bear out.
As of the start of the 2014 hurricane season there has been 3142 days since a cat3 or stronger made landfall. That sets a new record for the longest stretch since 1900 for intense hurricanes.