Global Warming on Free Republic here, here and here
Posted on 08/04/2015 7:08:55 AM PDT by SeekAndFind
When candidate Barack Obama boasted back in 2008 that his radical climate change policies would "bankrupt" coal-fired power plants, he was for once telling the wretched truth.
On Monday Mr. Obama accelerated the timetable in his war on coal, with new EPA regulations to reduce carbon emissions from power plants by 32% below 2005 levels by 2030. The White House openly admits that the goal is to use much less coal and force utilities to consume far costlier and less reliable "renewable" electric power.
Whether these feel-good regulations imposed on America's domestic industries will impact global carbon emissions and climate change appears highly doubtful, given the massive increase in the use of coal and other fossil fuels in nations like China and India.
Yet the costs of these new rules for highly suspect benefits are gigantic. The Heritage Foundation, for example, estimates about 500,000 lost jobs, close to $100 billion a year in lost output (about half a percentage point of GDP), and more than $1,000 a year in higher costs to families. In other words, all pain, no gain.
But the dirty little secret here is that these costs aren't uniform across the country. Not even close.
It turns out coal-using and producing states are predominantly Republican red states. Meanwhile, the more Democratic a state is, the less the cost of the new coal rules to local rate payers and taxpayers.
The top seven states — those getting at least 70% of electric power from coal — are all solidly red states. But states ruled by Democrats — Rhode Island, Vermont, Oregon, California, New York, New Jersey and Connecticut — get away practically unfazed.
(Excerpt) Read more at news.investors.com ...
...by 2030
Bump
Follow the money. Who get rich(er)on this stupid thing??
This effort to make energy less available, less reliable, and more expensive is at a level of insanity comparable to that which overwhelmed the Xhosa in 1856 when the prophetess of doom, Nongqawuse, convinced them that salvation lay in destroying all their cattle and crops. This will not turn out well.
All this for .01 degree celsius. That is what the EPA is “estimating” the impact will be on temperature. 1/100th of a degree C. Absolute lunacy.
Bankrupting the formerly Greatest Nation on Earth, one regulation at a time. Obama’s plan to ‘fundamentally change this country’ is coming together nicely, WITH NO PUSH BACK FROM REPUBLICANS!
Your assessment describes a literal “war on jobs.”
Colorado gets most of its power from coal.
The trains run daily from Montana to just north of Denver.
I bet he is not targeting Colorado
Global Warming on Free Republic here, here and here
Funny how this works isn’t it.
Was just listening to Hannity talking about how
politicians/liberals are stealing from future
children and I realized that not only are they
doing that but they are compounding the problem
for them by aborting 54,000,000 future tax payers.
How stupid is that!
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