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The President's Climate Action Plan
Howard Richman, 6/25/2013

Andrew Watt (The President's Climate Action Plan -- the good, the bad, and the ugly) stayed up late last to give a quick read to The President's Climate Action Plan which was released at 6am this morning.

The main economic impact of the plan will be felt by the trucking industry. In recent years, a favorite technique of the government when it is trying to keep its budgets under control, is to pass the costs on to the private sector. It will greatly increase regulation on new trucks. Watt's writes:

5. The trucking industry is going to get hit with higher regulatation. This will translate into higher cost for goods.

During the President’s second term, the Administration will once again partner with industry leaders and other key stakeholders to develop post-2018 fuel economy standards for heavy-duty vehicles to further reduce fuel consumption through the application of advanced cost-effective technologies and continue efforts to improve the efficiency of moving goods across the United States. 

Another effect will be to increase the price of electricity through more regulations on existing power plants. Again, the government passes the costs onto industry, which in this case will pass the cost onto households and businesses in the form of higher utility bills. Watts writes:

2. More regulations on existing power plants, as if they don’t have enough already. This will translate into higher electricity prices everywhere.

President Obama is issuing a Presidential Memorandum directing the Environmental Protection Agency to work expeditiously to complete carbon pollution standards for both new and existing power plants. This work will build on the successful first-term effort to develop greenhouse gas and fuel economy standards for cars and trucks.

There is also a big payout to academia in an attempt to continue their lip service to global warming, even though the global warming models have all failed to predict the last 15 years. Watt's writes:

1. More hand-outs for an already bloated climate science culture.

Developing Actionable Climate Science: The President’s Fiscal Year 2014 Budget provides more than $2.7 billion, largely through the 13-agency U.S. Global Change Research Program, to increase understanding of climate-change impacts, establish a public-private partnership to explore risk and catastrophe modeling, and develop the information and tools needed by decision-makers to respond to both long-term climate change impacts and near-term effects of extreme weather.

Apparently Obama never got the memo that climate models aren’t working.

 There is good news. Watts reads between the lines that the Keystone Pipeline will be built.

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Comment by Huh?, 6/26/2013:

High taxes:BAD.  Climate change:LIES.  OBama:LIAR.  OK, I get it, but where's the beef.  What is this article trying to say?  Anythihg?




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