Making good on his campaign promise to sky-rocket energy costs, Obama’s EPA is pushing through new carbon restrictions based on pseudo-science, that will not only launch prices into the stratosphere, they’ll also destroy hundreds of thousands of jobs.
This map shows the estimated loss of productivity and employment by region ~
These figures are from the Institute for 21st Century Energy which just issued a study projecting the impact of the latest EPA dictates ~
Our analysis shows that Americans will pay significantly more for electricity, see slower economic growth and fewer jobs, and have less disposable income. In fact, the cumulative impact to the economy could be $859 billion by 2030 (an average of over $50 billion every year). Potential EPA regulations would result in a very slight reduction in carbon emissions, which would be overwhelmed by global increases.
Murray Energy CEO Robert Murray is more than a little alarmed at the administration’s assault on his industry ~
“I am scared to death for our country, as a man who grew up poor, for people on fixed incomes, for retirees, for the poverty-stricken, and for people that manufacture a product.”
Video via Right Scoop
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Related:
EPA Administrator Denies New Regulations Are a ‘War on Coal’ ~
According to Heritage Foundation research, nearly 600,000 people will lose their jobs by 2023, the majority being in the coal industry.
The ‘Cure’ for Climate Change Is Far Worse than the Disease ~
And even if we were to stop emitting greenhouse gas emissions entirely, we would not moderate the Earth’s temperature more than a few tenths of a degree Celsius by the end of the century.
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