By Nick Loris.
We’re fast approaching the deadline for the Environmental Protection Agency’s ruling on whether or not the agency will regulate carbon dioxide and other greenhouse gases under the Clean Air Act. While the ruling would just be the first step in a process that could take years before settled, sing the Clean Air Act to regulate CO2 would likely be the most expensive and expansive environmental regulation in history and will bypass the legislative process completely. EPA’s unprecedented regulatory regime would:
1.) Poison an already sick economy. Reducing carbon dioxide would significantly drive up the price of fossil fuels, which provide 85 percent of the country’s energy needs. High energy costs result in production cuts, reduced consumer spending, increased unemployment, and ultimately a much slower economy.
2.) Have negligible environmental effects. The extraordinary perils of CO2 regulation for the American economy come with little, if any, environmental benefit. In fact, analysis by the architects of the endangerment finding, the EPA, strongly suggests that a 60 percent reduction in carbon-dioxide emissions by 2050 will reduce global temperature by 0.1 to 0.2 degrees Celsius by 2095.
3.) Expand bureaucracy. Having EPA bureaucrats micromanage the economy, all in the name of combating global warming, would be a chilling shift to a command-and-control system in which EPA officials regulate just about every aspect of the market.
Last year, over 14,000 of you submitted a comment through this website to the Environmental Protection Agency asking it not to move forward with carbon dioxide regulations. We need your help again. Submit a comment letting the EPA know what you think of the agency’s new regulatory scheme to regulate our economy and lives. Then, tell your friends. Visit StopEPA.com to make your voice heard.
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