Alan Caruba: The Regulatory Death of Energy in America

Warning Signs

 

"Before President Obama took office in 2009, the amount of electricity being produced by coal-fired utilities was approximately fifty percent of the total. Today it is approximately forty percent and, when the Environmental Protection Agency regulations take effect as of June 2, more such utilities are likely to close their doors. The basis for the regulations is utterly devoid of any scientific facts." ... 

...

"The U.S. Chamber of Commerce is on record saying that the President’s bogus “climate change” policy could cost the U.S. economy $50 billion a year and force more than a third of coal-fired plants to close by 2030. The Heritage Foundation says “The plan will drive up energy prices for American families and businesses without making a dent in global temperatures.”

"This is a form of regulatory death for the nation and comes straight out of the Oval Office of the White House."