Whether President Obama wins or loses on Tuesday the EPA is ready and waiting for the election to end so they can ram through some more regulations that will kill the coal industry. They knew that doing this before the election would all but have ensured a defeat for Obama, so they’re just biding their time and will be at it full force as soon as the election is over.
More than 50 EPA staff are now crashing to finish greenhouse gas emission standards that would essentially ban all construction of new coal-fired power plants. Never before have so many EPA resources been devoted to a single regulation. The independent and non-partisan Manhattan Institute estimates that the EPA’s greenhouse gas coal regulation will cost the U.S. economy $700 billion.
The rush is a major sign of panic by environmentalists inside the Obama administration. If Obama wins, the EPA would have another four full years to implement their anti-fossil fuel agenda. But if Romney wins, regulators will have a very narrow window to enact a select few costly regulations that would then be very hard for a President Romney to undo.
Environmentalists at the EPA pulled this trick before in 2000 when the Clinton administration rushed out a finding that Mercury emissions from power plants were a growing public health threat pursuant to the Clean Air Act. (Read More)
Update: Lady Liberty linked – thanks!