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November surprise: EPA planning major post-election anti-coal regulation
Posted By admin On November 5, 2012 @ 6:49 am In U.S. News | Comments Disabled
Conn Carroll
Washington Examiner [1]
Nov 5, 2012
President Obama’s Environmental Protection Agency has devoted an unprecedented number of bureaucrats to finalizing new anti-coal regulations that are set to be released at the end of November, according to a source inside the EPA.
More than 50 EPA staff are now crashing to finish greenhouse gas emission standards that would essentially ban all construction of new coal-fired power plants. Never before have so many EPA resources been devoted to a single regulation. The independent and non-partisan Manhattan Institute estimates [2] that the EPA’s greenhouse gas coal regulation will cost the U.S. economy $700 billion.
The rush is a major sign of panic by environmentalists inside the Obama administration. If Obama wins, the EPA would have another four full years to implement their anti-fossil fuel agenda. But if Romney wins, regulators will have a very narrow window to enact a select few costly regulations that would then be very hard for a President Romney to undo.
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[1] Washington Examiner: http://washingtonexaminer.com/november-surprise-epa-planning-major-post-election-anti-coal-regulation/article/2512538#.UJenfW8xrIu
[2] estimates: http://www.manhattan-institute.org/html/ir_13.htm
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