It’s a shame that the house GOP partnered with the obama white house on this.
RE: It’s a shame that the house GOP partnered with the obama white house on this.
Here’s whats in the plan...
* First, the EPA would set targets for each state for carbon emissions reductions.
* Then state governments would come up with their own plans for hitting these targets. The proposed regulation in essence gives them different approaches they could try.
1) They could renovate existing coal-fired plants with newer, more clean-burning technology;
2) they could switch coal plants to natural gas, which produces much less carbon; they could try to persuade residents to be more efficient in their use of electricity; or
3) they could band together with other states in a cap-and-trade network for emission reductions.
In a cap-and-trade network, companies would buy and sell permits allowing them to produce a certain amount of carbon emissions. Clean producers would be the sellers, while dirtier producers would be the buyers.
What happens next?
LOBBYING AND LOTS OF IT.
The EPA just published its rules today.
That’s the official start to a year of comments by affected parties until the final rule gets issued in 2015. Industry groups, many Republicans, and some coal-state Democrats don’t like this proposal and they are sure to weigh in with complaints about its costs and increased regulatory burden.
That my friend, is exactly what politicians want. How else are you going to get rich off being in Congress?