Obama Aware Climate Change Legislation Will Hurt Economy – UPDATE – OMB Issues Denial

May 12, 2009
By 1 comment

The last thing Americans need during a recession is climate change legislation. And it isn’t a group of right wingers saying that, it’s the Obama administration.

Advice in an Obama administration interagency review memo to the Environmental Protection Agency warns that government regulation of greenhouse gases under the Clean Air Act (CAA) will hurt the economy, and questions whether such a “precautionary” move would too expansively open up the door for government regulation.

“Making the decision to regulate CO2 under the CAA for the first time is likely to have serious economic consequences for regulated entities throughout the U.S. economy, including small businesses and small communities,” says one comment in the memo, which was officially sent by the White House’s Office of Management and Budget. “Should EPA later extend this finding to stationary sources, small businesses and institutions would be subject to costly regulatory programs such as New Source Review.”

The Supreme Court, ruling in the 2007 case Massachusetts v. E.P.A., ordered the EPA to determine whether greenhouse gases endangers public health and welfare.

The Bush administration essentially ignored the ruling.

President Bush was far from perfect, but I miss him more and more with each passing day.

Update: OMB Director Peter Orszag issues denial:

Media reports today are suggesting that OMB has found fault with EPA’s proposed finding that emissions of greenhouse gases from motor vehicles contribute to air pollution that endangers public health and welfare. Any reports suggesting that OMB was opposed to the finding are unfounded.

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One Response to Obama Aware Climate Change Legislation Will Hurt Economy – UPDATE – OMB Issues Denial

  1. John A. Jauregui on June 7, 2009 at 3:35 pm

    Global Warming legislation just came out of committee. World oil production is now in permanent decline. What oil is left will provide us the only bridge we will have to what comes next. I am asking myself, “Why is the Democratic Party making this a TOLL bridge with the passage of this new tax legislation?”

    The move to change legislative language from “Global Warming” to “Climate Change” confirms Congress’s acknowledgement that the planet is now cooling and that the decline in solar activity is responsible for the “Global Cooling” we are now feeling.

    Like or Dislike: Thumb up 0 Thumb down 0

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