The EPA recently announced its first-ever rules on the amount of carbon dioxide that can be emitted from new power plants. But while many Green spokesmen and global warming believers hailed this as a major breakthrough, the EPA itself says the proposed rule will yield no actual emissions reductions or benefits whatsoever over the next 10 years. According to the American Enterprise Institute, the EPA is merely hoping the new regulations will spark more research and investment in “carbon capture” technologies that are still in development and are not operational anywhere. With no global warming in 17 years, maybe it’s time for the Obama administration to rethink this costly war on coal.
October 23, 2013 by David Rothbard,
David Rothbard is co-founder and President of CFACT.