Environmental Protection Agency greenhouse gas regulations not yet in place are placing enormous financial burdens on companies that produce and use energy – costs that will be passed on to consumers. Yet, according to an Investor’s Business Daily editorial and many other sources, even if fully implemented, the regulations will have very little benefit and little or no impact on future global temperatures.
That the Obama administration and the Environmental Protection Agency are on the wrong climate path is the understatement of the decade.
Recent disclosures through ClimateGate, an EPA whistle-blower and a daily barrage of scientific data call into question every assumption of the United Nations’ Intergovernmental Panel on Climate Change (IPCC).
These disclosures make it clear that the EPA’s rush to regulate every aspect of American commerce, energy and consumer choices is based on flawed and perhaps even fraudulent scientific data.
Even according to a number of IPCC scientists, if the entire planet adopted the Kyoto Protocol and additionally ceased all productive activity worldwide tomorrow, the global temperature might be reduced slightly less than 1 degree — in 20 to 50 years, a trivial "benefit" purchased at catastrophic cost.
Read the rest of the Investor’s Business Daily editorial: EPA Mandates Rely On Unsettle Science.
The author of the editorial is executive director and chief legal counsel for the Southeastern Legal Foundation, a public interest law firm and policy center now litigating against the Environmental Protection Agency.