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Obama’s EPA Planning To Crush Coal Industry With Avalanche Of New Regulations After Election
Posted on November 4, 2012 byCowboy Byte
“If somebody wants to build a coal plant, they can – it’s just that it will bankrupt them” – Barack Obama
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 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.
Continue Reading on weaselzippers.us
Read more: http://cowboybyte.com/14666/obamas-epa-planning-to-crush-coal-industry-with-avalanche-of-new-regulations-after-election/#ixzz2BMgMBtt8
Obama’s EPA Planning To Crush Coal Industry With Avalanche Of New Regulations After Election
Posted on November 4, 2012 byCowboy Byte
“If somebody wants to build a coal plant, they can – it’s just that it will bankrupt them” – Barack Obama
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 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.
Continue Reading on weaselzippers.us
Read more: http://cowboybyte.com/14666/obamas-epa-planning-to-crush-coal-industry-with-avalanche-of-new-regulations-after-election/#ixzz2BMgMBtt8