As the economy limps along, many are wondering what is stymieing economic growth. Dr. Tom Borelli from the National Center for Public Policy Research credits the EPA as one of the chief problems, and here explains why: “As a direct result of Obama’s EPA’s new regulations, several utility companies have announced they are closing coal-fired power plants because it is too expensive to meet the new standards, which have little tangible benefits. The regulations will result in more lost jobs, electricity prices increasing by double digit percentages, and possible power shortages as the plants close. The EPA is exacerbating the negative economic landscape and damaging our international competitiveness and national security.”
April 9, 2013 by David Rothbard,
David Rothbard is co-founder and President of CFACT.