Tags: Investors | Taxpayers | EPA | Rule

Investors and Taxpayers to Get Hammered By EPA Rule

Investors and Taxpayers to Get Hammered By EPA Rule
(Dollar Photo Club)

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Sunday, 09 August 2015 11:15 PM Current | Bio | Archive

If you think you electric bills are high now — just wait.

The Environmental Protection Agency has new rules designed to radically increase the cost of producing electricity.

Investors are already reeling from the unstable underlying economics which form the foundation of energy industry securities markets.

For years taxpayers have been paying the price for their government wasting billions of dollars on politically driven energy policies, alternative energy schemes, and cronyism. And outright fraud.

This new EPA rule is part of the Obama Administration's Clean Power Plan. It is based on the false claim that carbon emissions cause what used to be global warming. This is proven to be factually false. A lie actually.

Instead the left-wing political progressive and global warming believers now chant a new mantra which is called climate change. Lacking any definition it defies science and rationality. This is the perfect political cover for the anti-energy environmentalists and for the political left wing.

Those in Congress on the right-wing of the political spectrum are either, to be kind, dumb as wart hogs or otherwise utterly incompetent for defending against the other side's vacuous stupidity or intentional malevolence.

On its face, the EPA rule is 1,560 pages aimed at dramatically reducing carbon emissions which, as the President has stated, are needed to stop climate change.

The carbon emissions argument was an outright sham for global warming. But it is still useful as the mechanism to when it comes to the government dictating to nature that it has the power to stop the climate. All it is going to take is spending a lot of money.

What will this EPA effort cost America to reduce carbon emissions?

The best estimates are already in the hundreds of billions of dollars. Most likely when considering both direct and indirect costs, trillions of dollars.

How will that be paid?

By you as consumers of electricity and taxpayers. While you get nothing in return, there are others waiting in the wings who will make fortunes.

The energy industry lobbyists on both sides of the political aisle love this new rule. The lawyers also love it. Then there are all the equipment manufacturers, think tanks, and he long list of others who profit from errant government largesse

With energy costs skyrocketing, the price for anything done in United States goes up dramatically. America becomes uncompetitive. No job sector will be spared except for the parasites that live off of the munificence of Washington, D.C.

If the EPA rule does not affect the climate, then what is the real purpose of this EPA rule?

It is just another step by the progressive left-wing, unhampered by any real political opposition, to dramatically undercut the economic power and global lead of the United States.

Investors and taxpayers had better prepare themselves because they are about to get hammered.

Again.

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If you think you electric bills are high now - just wait. The Environmental Protection Agency has new rules designed to radically increase the cost of producing electricity.
Investors, Taxpayers, EPA, Rule
472
2015-15-09
Sunday, 09 August 2015 11:15 PM
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