Remember: When Barack Obama, the worst jobs president since the Great Depression, talks about creating jobs, he’s lying through his teeth.
The Obama Adminstration, the U.S. Environmental Protection Agency and radical environmentalists are about to set greenhouse gas standards for American industry. The standards have drawn objections from congressional state leaders who say the law — last revised in 1990 — was never intended for such purposes. The new regulations will place heavy administrative burdens on state environmental quality agencies, will be costly to consumers and could be devastating to the economy and jobs. But Team Obama doesn’t care. They say they have to push the regulations to save the planet from non-existent global warming.
Hope and Depression Lines
Radical environmentalists are helping craft this anti-American bill.
The Politico reported:
The Obama administration is expected to roll out a major greenhouse gas policy for power plants and refineries as soon as Wednesday, signaling it won’t back off its push to fight climate change in the face of mounting opposition on Capitol Hill.
The Environmental Protection Agency has agreed to a schedule for setting greenhouse gas emission limits, known as “performance standards,” for the nation’s two biggest carbon-emitting industries, POLITICO has learned.
Under the schedule agreed to by EPA, states and environmental groups, the agency will issue a draft greenhouse gas performance standard for power plants by July 2011 and a final rule by May 2012. The agreement – which comes after states and environmentalists challenged the George W. Bush administration’s failure to set the standards – requires EPA to issue a draft limit for refineries by Dec. 2011 and a final rule by Nov. 2012.
The White House Office of Management and Budget has signed off on the schedule, according to a litigant in the legal fight.
The standards are part of a series of climate rules from the Obama administration that have faced fierce opposition from industry groups and lawmakers on both sides of the aisle. And while the policies won’t go final for more than a year, the political ramifications will come immediately.
They will come as welcome news to environmentalists who want the administration to flex its regulatory muscle following the death of climate legislation this year, but EPA can expect its foes on the right to blast the move as another example of regulatory overreach.
New EPA regulations at one coal power plant in New Mexico could cost $1 billion.
This new cost will be passed on to consumers.
