As the Obama Administration's radical job-killing Cap & Trade legislation languishes in Congress, the EPA is moving full speed ahead to achieve the same looney man-made global climate change Objectives by executive fiat via CO2 regulations.
As reported at NRO these regulations will have a disproportionate effect on minorities, the typical targets of Democrate "compassion".
“President Obama wants to price us out of energy,” Harry Alford of the National Black Chamber of Commerce told Public Radio International. “This is a war on how we live in America, and don’t regard it lightly. We need to fight them, we need to fight them hard, fight them fierce.” Alford represents some 100,000 black-owned companies.
The story continues.....A recent Affordable Power Alliance study foresees dire consequences from EPA restrictions on traditional energy production as it chases the chimera of global warming.
“We estimated that implementation of the EPA Finding would . . . significantly reduce U.S. GDP every year over the next two decades, and by 2030 GDP would be about $500 billion less” than otherwise. The report also predicts the EPA’s destruction of 2.5 million jobs by 2030.
APA projects that “EPA carbon restrictions would greatly increase U.S. energy costs,” specifically by 50 percent for gasoline, 75 percent for residential natural gas, and 100 percent for industrial natural gas by 2030.
APA expects the black poverty rate to grow from 24 percent to 30 percent, and Hispanic poverty from 23 percent to 28 percent.
Again, how is the Hopey Changey thang working for you?
No comments:
Post a Comment