Wednesday, March 28, 2012

The EPA Wrecking Ball

Warning Signs  "The Environmental Protection Agency is using its power to advance the objective of the environmental movement to deny Americans access to the energy that sustains the nation’s economy and is using the greatest hoax ever perpetrated, global warming—now called “climate change”—to achieve that goal."
...."NO! Coal provides the engine of our nation’s electrical power and oil provides the energy that fuels our transportation and is the basis for countless products that enhance and improve our lives every day. 

"We are witnessing the destruction of the nation by the environmental movement and the EPA has just provided you with the most dramatic example of that plan."


American Institute for Economic Research:  How much do higher oil prices hurt?
"All this means that an increase in the price of oil, even if it translates into rising costs of other energy commodities, will have much less impact on prices and profitability. The increase also will be much less harmful to the ability of the economy to produce goods and services (and generate income) than it has been in the past."

 EPA to kill new coal-fired plants through first-ever greenhouse-gas regulations
"If you thought gas prices will never stop rising, just wait until you see what happens to electricity after the Barack Obama’s EPA gets its way.  The agency will deliver on Obama’s election promise to bankrupt any new coal-fired electrical production in its first-ever regulations on greenhouse-gas emissions, the Washington Post reports.  The new regulatory regime will all but guarantee that new coal-fired plants won’t be built to replace others shutting down:"...

EPA rules may push coal companies to boost exports  "Tougher emission rules at U.S. power stations will likely force coal companies to make up for lost domestic customers by exporting more to countries in Asia where environmental regulations are less stringent, analysts said.

"Railroads, which haul about 70 percent of U.S. coal, could also try to mitigate the damage from lower shipments to utilities by carrying more coal for exports."
So, the earth's atmosphere will continue to be not one bit cleaner. As with oil, other parts of the earth will just have to handle the production that the American economy and workers cannot do. And do not expect a conservative congress to undo the damage that Obama will cause. That would take more political courage to stand up to the demagogy and litigation than I think exists in Washington. TD

No comments: