Quote of the Day:
“Under my plan of a cap and trade system, electricity rates would necessarily skyrocket”- President Obama
Regulatory cap-and-trade
With Congress and the American people rejecting cap-and-trade, the Obama Administration has employed the Environmental Protection Agency (EPA) to achieve similar ends. Delaying job-killing regulations until after the November election, the EPA is currently sitting on numerous proposed rules sure to increase the cost of energy.
A recent report from Senator James Inhofe (R-Okla.) unearths thirteen EPA regulations likely to hit American consumers should President Obama be reelected.
Every single day until November 6, ATR will highlight a pending EPA regulation.
Boiler MACT Rule: $1.2 Billion
From the Inhofe Report:
EPA’s Boiler MACT standards are so strict that not even the best performing sources can meet them, so many companies will have no choice but to shut their doors and ship manufacturing jobs overseas. The rule has been projected to reduce US GDP by as much as 1.2 billion dollars and will destroy nearly 800,000 jobs. Because of bipartisan Congressional opposition to the standards, the agency is now reconsidering certain aspects of the rule. In what can only be seen as another politically calculated move, the new rule is now being held by the White House, presumably until after the election. Not only is this creating uncertainty among the regulated community, it is also fueling speculation that very few changes have been made to the rule and that the White House would prefer that it not be made public until after the election.
Does your Senator want efficient, reliable energy?
Earlier this year the Senate voted to overturn one of the EPA’s most damaging regulations, the Utility MACT. If your Senator voted “Yes,” they wanted to repeal the Utility MACT; if they voted “Nay,” they voted to preserve the job-killing measure.