Obama’s New Energy Plan Could Cost $2.5 Trillion In Lost Economic Growth

If you understand and follow the economics of the debate, this post is spot on the mark.
Scary times we live in.
This sanctimonious Earth-worship, that has fashionably gripped the planet, will destroy a lot more than 0.0004 mole fraction CO2 ever will.

PA Pundits - International

Nick LorisBy Nicolas Loris ~

The Obama administration unveiled its climate change regulations for new and existing power plants, calling the plan “the biggest, most important step we’ve ever taken to combat climate change.”

It may be the most “important” from a top-down, regulatory mandate for high energy prices, but it won’t accomplish much, if anything, in terms of combating climate change.

EPA300 (Photo: JIM LO SCALZO/EPA/Newscom)

Even though electricity generation accounts for the single largest source of carbon dioxide emissions in the United States, the estimated reduction is minuscule compared to global greenhouse gas emissions.

Climatologists estimate that the administration’s climate regulations will avert less than two hundredths of a degree Celsius by 2100.

In fact, all the plan will do is bring about higher energy bills, lost income, fewer jobs and a weaker economy – with little to no impact on the Earth’s temperature.

The role of the federal government…

View original post 666 more words



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.