In speaking at George Washington University’s GreenGov symposium last week, McCarthy stated: “If you are selling to somebody a product, and you can assure them that that product was produced in the most environmentally responsible way, I will guarantee you that they will value that product more highly.”
She then added an ominous little, or perhaps not so little, threat: “I can guarantee you because if they don’t, I’m going to knock on their door and I’m going to tell them why they are mistaken.”
Ouch! Well, seeing this lady snarling at your front door would be frightening enough even if she wasn’t from the EPA.
The new ozone regulations mean “it’s going to be tougher and tougher and tougher to produce natural gas, if you can produce it at all,” Dan Kish, senior vice president for policy at IER, told the Daily Caller. “And it’s not just gas, it’s oil too.”
McCarthy admitted that the conversion of power plants from coal-fired to natural gas is a pivotal method states will employ to meet the EPA’s new CO2 standards. “Natural gas has been a game changer with our ability to really move forward with pollution reductions that have been very hard to get our arms around for many decades,” she said.
Meanwhile, the Heritage Foundation released a study last fall that found the EPA regulations the Obama administration has announced in order to achieve its climate change goals would reduce the United States’ Gross Domestic Product by $2.5 trillion by 2030. Further, employment levels would “track nearly 300,000 jobs below the no-carbon-regulation baseline in an average year, with some years seeing an employment deficit of more than 1 million jobs.”
The U.S. Chamber of Commerce found that a typical U.S. household could lose about $3400 in disposable income per year, with a combined loss for all households of $586 billion by 2030, due to Obama’s new EPA climate change regulations.
The IER report concludes that the “EPA’s regulations impose huge costs for small benefits. The agency’s ozone rule could be the single costliest regulation in U.S. history…Meanwhile, EPA’s CO2 rule will imposedouble-digit electricity rate hikes for residents of 43 states, but limit global warming by just 0.02 degrees Celsius. The solution is for EPA to withdraw its proposed ozone and CO2 rules.”