On Monday, the Obama administration violated the law by announcing stringent carbon dioxide emission targets for power plants that will effectively kill the coal industry. The new regulation calls for a 30 percent reduction in carbon dioxide emissions from power plants by 2030. Congress failed to pass so-called “cap and trade” legislation that would enable such a move, so Obama is using the regulatory authority he claims the EPA already has to regulate carbon. But the president cannot just ignore the will of Congress. To do so assumes that Congress is irrelevant. Apparently, this is what President Obama believes.
Obama’s Organizing for America website brags that the new EPA regulations are “the strongest action ever taken by an American president to tackle climate change.” Most media outlets are echoing Obama, heralding the new EPA rule, while downplaying or ignoring the calamitous effects it will have on the economy. CBS called it “groundbreaking.” The Christian Science Monitor calls it “bold, signature, and controversial.” CNN called it “the boldest step yet,” characterizing prior U.S. positions as “hypocritical.”
ABC News cited a new poll claiming that 70 percent of Americans think something should be done about global warming. This, of course, follows numerous polls that indicate just the opposite. A Gallup poll published in The Washington Post last year indicated that most people do not consider global warming a serious threat. An ABC poll found only 18 percent ranked global warming as their highest priority. Sixty-eight percent of respondents ranked the economy as the number one priority. A Pew poll found only 42 percent believed global warming to be caused primarily by human activity.
Media outlets dismissed concerns over the rule’s impact on the economy, but it will have devastating effects. Called the “Obamacare for climate change,” the EPA rule claims huge savings down the road; but, as President Obama put it, this “will require tough choices along the way.” Tough indeed. It will raise energy costs nationwide at a time when our economy struggles to recover from the deepest recession since the Great Depression. A recent study projects the damages:
- Average annual $51 billion reduction to U.S. Gross Domestic Product through 2030
- An average 224,000 fewer U.S. jobs every year through 2030
- U.S. consumers will pay $289 billion more for electricity through 2030
- Lower total disposable income for U.S. households by $586 billion through 2030
And just as Senate Majority Leader Harry Reid (D-NV) claims Obamacare’s unstated but overt goal is to destroy the private healthcare market, this new EPA rule is ultimately designed to destroy the coal industry.
Some states have already vowed to fight against these regulations. Indiana Governor Mike Pence (R) said, “Indiana will oppose these regulations using every means available.” Pennsylvania Governor Tom Corbett (R) promised to “fight these regulations every step of the way.” Many other U.S senators and representatives have expressed similar sentiments. West Virginia and Wyoming are considering legislation to block the regulations. As Wyoming Senator John Barrasso (R) noted, “The costs are real, the benefits are theoretical.” Senate Minority Leader Mitch McConnell (R-KY) called it “a dagger in the heart of the American middle class.”
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This post originally appeared on Western Journalism – Informing And Equipping Americans Who Love Freedom