In an eerie recitation of severely restrictive new regulations to be instituted after the elections, which I had previously predicted, a Senate Staff Committee report outlined what the Environmental Protection Agency has in store after the elections: It read as follows:
“As the economy has continued to falter over the past year, team Obama has been delaying rule after rule that will eliminate American jobs, drive up the price of gas at the pump even more, impose construction bans on local communities, and essentially shut down American oil, natural gas, and coal production. They don’t want this economic pain to hit American families just before the election because it would cost President Obama votes.”
The report goes on to state: “It’s pretty clear that if President Obama secures a second term, the Obama-EPA will have a very busy next four years, moving full speed ahead to implement numerous major rules and regulations that he has delayed or punted due to the upcoming election.
“As the nation struggles to recover from a lagging economy in the coming year, Americans could also be grappling with a regulatory onslaught from the Obama-EPA that will strangle economic growth, destroy millions of jobs, and dramatically raise the price of goods, the cost of electricity, and the price of gas at the pump.”
The anticipated regulations include:
•Greenhouse gas rules that will “virtually eliminate coal as a fuel option for future electric power generation,” and inflict new permitting costs on more than 37,000 farms.
•New ozone standards that would cost $90 billion a year.
•Expansion of federal control “over virtually every body of water in the U.S., no matter how small.
•Storm water regulations that could include “mandates on cities to change existing buildings, storm water sewers, and streets.”
•Reductions in the sulfur content in gasoline that could boost prices by 9 cents a gallon.
•Clean Water Act rules that “could require expensive new construction at power plants to lower fish deaths.” Other regulations would affect coal ash, farm dust, oil and gasoline spill prevention, and more.
“This report is a wake-up call on the economic pain that the ‘abusive’ Obama-EPA plans to inflict next year,” said Sen. James Inhofe of Oklahoma, ranking member of the committee.
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