The Patriot Post® · Study Warns Against Climate Regs

The EPA is preparing to unveil more debilitating regulations – standards that have the Chamber of Commerce raising red flags. According to Bloomberg, “In an analysis released [Wednesday] … the Chamber said that an ambitious pollution-control effort could force more than a third of the coal-fired power capacity to close by 2030, resulting in economic losses of $50 billion a year and the elimination of 224,000 jobs.” That estimate is undoubtedly conservative. The EPA’s plan even has some Democrats concerned. Sen. Joe Manchin (D-WV) asserted, “There [are] a lot of people on the lower end of the socioeconomic spectrum that are going to die.” Such a claim may sound like hyperbole, but really, how far from reality is it? “You have another polar vortex next year; how many people will lose their lives?” Manchin wondered. There may well be a higher price to pay than electricity rates that will necessarily skyrocket – as promised by then-candidate Barack Obama. More…