EPA’s New Regulations Will Cost Jobs
Whatever modest gains Barack Obama can claim in job creation, his EPA will strip away in the next few years. A new study by the Heritage Foundation finds that every state in the union will “experience overwhelmingly negative impacts” from the Environmental Protection Agency’s push to regulate coal plants and motor vehicles. By 2030, the U.S. may lose a half a million jobs in the manufacturing sector and 45% of the jobs in the coal mining industry. But the EPA justifies its ecofascist decrees by saying the private sector is already investing in green energy. “The energy sector sees the writing on the wall,” Liz Purchia, EPA press secretary, told the Daily Signal. “Businesses like Spectra Energy are investing billions in clean energy. And utilities like Exelon and Entergy are weaving climate considerations into business plans. This means more jobs, not less. We’ll need thousands of American workers, in construction, transmission, and more, to make cleaner power a reality.” What Purchia chalks up to be free market entrepreneurialism is more likely big business chasing government subsidies. Or they see the agenda the EPA has set since the 70s and plan accordingly.
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