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Ever since public, congressional and union anger and anxiety persuaded the Environmental Protection Agency to delay action on its economy-strangling carbon dioxide rules, EPA has been on a take-no-prisoners crusade to impose other job-killing rules for electricity generating plants.
As President Obama said when America rejected cap-tax-and-trade, “there’s more than one way to skin the cat.” If Congress won’t cooperate, his EPA will lead the charge. Energy prices will “skyrocket.” Companies that want to build coal-fired power plants will “go bankrupt.” His administration will “fundamentally transform” our nation’s energy, economic, industrial and social structure. (more…)