Turning on the television and sitting back in air-conditioned comfort is about to get much, much more expensive. President Obama used the Environmental Protection Agency on Monday to declare war on affordable fuel. The average household can expect to pay a $5,000 annual premium for the privilege of enjoying the conveniences of modern life.
The directive, outlined over 645 pages, empowers the EPA to enforce extreme and radical regulations in each state in pursuit of reducing carbon-dioxide emissions from fossil fuel-burning power plants by “approximately 30 percent from CO2 emission levels in 2005.” The administration regulates carbon dioxide as an “air pollutant,” but carbon dioxide is not all bad. One of the largest sources of carbon dioxide is exhaling by humans, and that’s always a good thing. Without carbon dioxide, plants would wither and man (and woman, too) would suffocate.
Like most government schemes, the new EPA rule employs extreme measures that won’t be effective, at great expense to taxpayers and to the economy, with methods based in flawed science and bad math. It addresses a problem that exists in the fertile imagination of the foolishly frightened.