THE PROBLEM
Ignoring 'Climategate'
"Just as the Climategate story was unfolding in December, the Environmental Protection Agency administrator Lisa Jackson announced that carbon emissions would be classified as pollutants under the Clean Air Act, opening the door for their comprehensive regulation. The EPA requirements would be even more onerous than the cap-and-trade legislation considered by Congress in 2009.
The consequences of these changes will be huge. Efforts to reduce emissions almost intrinsically
limit the ability of businesses to function. Like it or not, a trade-off is inevitable: environmental priorities versus economic ones.
According to early estimates, the number of businesses requiring an EPA permit could jump from 12,000 or 13,000 at present to
more than 1 million in the near future—a number likely to include not only schools and hospitals but also offices, apartment buildings, and even local bakeries. This new permitting process would be broadly required; given 2008 fuel prices, any business that spent $70,000 a year on natural gas would have been subject; 2009’s cheaper fuel costs would make the cutoff point even lower.
The permitting process takes an average of 18 months to complete, and until the permit has been issued, no project can begin. The issuance of any permit is subject to litigation, which can then take years to resolve. And not only new facilities would be subject to EPA strictures; many existing facilities would also need approval to begin something as simple as a refurbishing.
All this means an uninviting atmosphere for entrepreneurs. Using the information from last year’s EPA Advanced Notice of Proposed Rulemaking, the Heritage Foundation estimates that by 2029, the cumulative gross domestic product would suffer a
$7 trillion loss."
THE SOLUTION (I HOPE)
Texas ...
http://planetgore.nationalreview.com/post/?q=NzhiMGY3YTA0NDA0YTgyYmI4YTI1OWJlMDRjZWFmNGU=
Virginia ...
Va. challenges EPA's stance on global warming | Richmond Times-Dispatch (http://www2.timesdispatch.com/rtd/news/state_regional/article/CUCC17_20100216-222005/324766/ - broken link)
Even Congress is making a bi-partisan(!)
effort to stop this madness ...
The Democratic Climate Revolt Against the EPA's Anti Carbon Crusade - WSJ.com