Former White House medical consultant Jonathan Gruber pocketed millions of taxpayer dollars before infamously explaining how ObamaCare was enacted. “Lack of transparency is a huge political advantage,” he said. “It was really, really critical to getting the bill passed.” At least one key provision was a “very clever basic exploitation of the lack of economic understanding of the American voter.”
The Barack Obama/Gina McCarthy Environmental Protection Agency is likewise exploiting its lack of transparency and most Americans’ lack of scientific understanding. EPA bureaucrats and their hired scientists, pressure groups and PR flacks are getting rich and powerful by implementing costly, punitive, dictatorial regulations “for our own good,” and pretending to be honest and publicly spirited.”
The typical household’s annual electricity and natural gas bills will rise 35% or $680 by 2020, compared to 2012, and will climb every year after that, as EPA regulations get more and more stringent. Median family incomes are already $2,000 lower since President Obama took office, and electricity prices have soared 14-33% in states with the most wind power – so these extra costs will exact a heavy additional toll.
Manufacturing and other businesses will be hit even harder, the study concluded. Their electricity and natural gas costs will almost double between 2012 and 2020, increasing by nearly $200 billion annually over this short period. Energy-intensive industries like aluminum, steel and chemical manufacturing will find it increasingly hard to compete in global markets, but all businesses (and their employees) will suffer.
The EVA analysis calculates that industrial electricity rates will soar by 34% in West Virginia, 59% in Maryland and New York, and a whopping 74% in Ohio. Just imagine running a factory, school district or hospital – and having to factor skyrocketing costs like that into your budget. Where do you find that extra money? How many workers or teachers do you lay off, or patients do you turn away? Can you stay open?
The CPP will also force utility companies to spend billions building new generators (mostly gas-fired, plus wind turbines), and new transmission lines, gas lines and other infrastructure. But EPA does not factor those costs into its calculations; nor does it consider the many years it will take to design, permit, engineer, finance and build those systems – and battle Big Green lawsuits over them.
How “science-based” are EPA’s regulations, really? Its mercury rule is based on computer-generated risks to hypothetical American women who eat 296 pounds of fish a year that they catch themselves, a claim that its rule will prevent a theoretical reduction in IQ test scores by an undetectable “0.00209 points,” and similar absurdities. Its PM2.5 soot standard is equivalent to having one ounce of super-fine dust spread equally in a volume of air one-half mile long, one-half mile wide and one story tall.
….read it all HERE