President’s climate plan panders to environmentalists, out of touch with reality

The climate change policy that President Barack Obama proposed last week panders to environmentalists’ visions of a pollution-free, energy-efficient world, but is so out of touch with the economic and energy realities of today, it’s sure to remain just a dream.

Through presidential decree, Obama aims to reduce greenhouse gas emissions, which are said to cause global warming, by nearly one-fifth by 2020. His proposal accomplishes this by giving the Environmental Protection Agency the authority to regulate and cap carbon emissions from existing power plants, all without any congressional input. The president’s plan is dependent on the notion that the U.S. will lessen its reliance on coal, which now powers about 40 percent of U.S. electricity.

The president’s anti-carbon stance is “for the sake of our children,” he said to the American public at least nine times in a 10-minute speech given last week, threatening anyone, especially industry, to stand up against him. His plan, however, when combined with current EPA environmental standards, may drive about one-third of U.S. coal-fired power plants into retirement, cause regional unemployment, and make electricity bills spike nationwide, according to industry analysts. In his speech last week, the president told us not to worry about these concerns.

Read more: http://dailycaller.com/2013/07/02/presidents-climate-plan-panders-to-environmentalists-out-of-touch-with-reality/#ixzz2ZDRK2nC6