Leighton Steward: Obama's Fuel Efficiency Plan Is 'Bad News'

Tuesday, 18 Feb 2014 07:21 PM

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
President Barack Obama's plan to tighten fuel efficiency for medium- and heavy-duty trucks is not good for the nation, says Leighton Steward, chairman of Plants Need C02.

"It's bad news . . . What they're putting out here is essentially going to stop the development of any new coal plants," Steward told Joe Concha, guest host of "The Steve Malzberg Show" on Newsmax TV.

"As soon as they get that done, everybody figures they'll go ahead and move in and put these same regulations on existing coal plants and just put the coal people out of business," he said Tuesday.

Story continues below video.



Steward, whose non-profit group touts the positive effects of additional atmospheric CO2, says Obama's use of executive authority to address climate change echoes one of his notorious campaign promises.

"He said I am going to bankrupt the coal industry and energy prices will necessarily skyrocket. He said that. It's on tape. It's public," Steward said.

"So, it looks to me like he's just trying to follow through with that instead of going through the Congress . . . He's just going to do it by executive fiat and tell the EPA to get it done."

Americans can expect the tighter regulations to raise the price of energy, Steward says.

"[That] will effect everything – utility bills and food supplies and transportation . . . and it's going to hurt the poor people the most because they're the ones that don't have any optional dollars to spend."



See the “Steve Malzberg Show” on Newsmax TV each weekday live by clicking here now.                               



© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Harvard Law Prof: 'Race Does Matter' in Conflicts Over Policing

Monday, 22 Dec 2014 20:29 PM

Race is still an unavoidable part of the conflict in America over policing today, and it will have to be dealtwith as pe . . .

Retired NYPD Cop: Leaders Must Stop Anti-Police Rhetoric

Monday, 22 Dec 2014 20:02 PM

The nation's leaders must stop making explosive remarks critical of law enforcement and strive to respect the principles . . .

Ex-NYPD Official: Anti-Police Rhetoric Contributed to Deaths

Monday, 22 Dec 2014 19:53 PM

Liberals and Democrats, convinced that police wield too much power in society, have contributed to a racially charged cl . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved