-By Warner Todd Huston
Lisa Jackson, the head of the Environmental Protection Agency (EPA), is headed to The Hill to testify about the Obama Administration’s newest proposed environmental regulations. Obama’s EPA is claiming that the new rules will bring all sorts of economic growth, but a new report by the National Taxpayers Union puts the administration’s claims in question and shows that the EPA’s “benefits” have no basis in reality.
The new report features economist David Montgomery who reveals the very large net regulatory benefits touted by EPA rely on apples to orange comparisons, where the vast majority of the benefits have none of the financial reality that the costs do. (Click here for a .pdf of the report)…
Read the rest at RightPundit.com.
Only a few days ago I wrote about how
Half of America’s energy comes from coal-fired power plants but Obama’s new EPA rules would about destroy the coal industry driving our energy costs through the roof. That’s not all they would do, either.
The Obama Administration is quickly becoming the most corrupt administration in American history. Recently we
Even as the Japanese have abandoned its national emissions trading scheme because they’ve realized how many jobs would be lost as a result of the draconian regulations involved, President Obama continues to claim that he wants to impose similar jobs-killing regulations on America. 