Friday, September 16, 2011

EPA delays global warming rules again

For the second time in four months the Environmental Protection Agency has confirmed that they will again delay the release of their much anticipated global warming regulations. - Conn Carroll/Washington Examiner

The EPA's latest retreat on climate change regulation comes almost two weeks after President Obama ordered EPA Administrator Lisa Jackson to rescind her ozone rules. According to the EPA's own esitmates, the ozone rule would have infliced $90 billion in costs on the U.S. economy every year. Analysts expect the EPA's global warming regulations to cost more than $100 billion annually.