From the ATR website.
NERA Economic consulting released a report yesterday expounding on what we already knew would be the devastating effects of the Clean Power Plan on both industry and individuals nationwide.
highlights a number of reasons why the harm caused by the EPA’s proposed regulation would far outweigh the benefits.
While reducing the level of CO2 in the atmosphere by less than .5
percent, reducing sea level rise by the thickness of a few sheets of paper, and reducing the global average temperature by about 2/100ths of one degree, NERA expects the Clean Power Plan to increase electricity prices in 43 states by double digit percentages — some up to 20 percent — alongside the $41 billion per year the regulation will already cost both consumers and businesses.
The proposal will lose us an estimated 45,000 megawatts of coal-based energy and stands to close down several coal plants, directly costing the livelihoods of their employees.
A huge segment of our population is elderly, and of that segment, a staggering percentage lives on less than $30,000 annually. Young adults are moving in with their parents at an alarming rate due to financial difficulties, and untold numbers of young families already have to choose between paying the light bill or eating.
Americans can’t afford to let the EPA play at reducing emissions at the cost of further crippling our economy and putting such a heavy burden on the many among us who already struggle to afford the energy they need to live.
Grover Norquist is president of Americans for Tax Reform, a coalition of taxpayer groups, individuals, and businesses opposed to higher taxes at the federal, state, and local levels. The coalition organizes the Taxpayer Protection Pledge, which asks all candidates for federal and state office to commit themselves in writing to oppose all tax increases. Read more reports from Grover Norquist — Click Here Now.
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