Just in time for Christmas, the Environmental Protection Agency (EPA) has announced new regulations on coal fired utilities that is forcing plants to close and will result in severe economic consequences on small businesses and hardworking Americans.
Shockingly, these new EPA regulations are estimated to cost 1.4 million jobs by 2020 and result in double digit increases in electricity prices. High electricity prices will be especially harmful in low- and fixed-income households and will be particularly devastating in black urban communities where unemployment is at an all-time high.
Even more outrageous, EPA Administrator Lisa Jackson used the backdrop of a children’s hospital to announce these regulations, a shameless exploitation of children by the Obama Administration to push their radical energy agenda.
For more on this, please read the press release from the National Center for Public Policy Research.