Paul Albaugh: Obama's Clean Power Plan Is Costly Political Theater

Paul Albaugh: Obama's Clean Power Plan Is Costly Political Theater — The Patriot Post:
"On Monday, Barack Obama announced new rules for his long-dreaded Clean Power Plan.
This past spring, we warned that Obama’s agenda to combat global warming would be finalized during the hottest days of summer.
As with almost every other agenda under Obama, it’s even worse than expected — and all to prevent warming of 0.01 degrees Celsius.
Winston Churchill once said, “Socialism is a philosophy of failure, the creed of ignorance and the gospel of envy. Its inherent virtue is the equal sharing of misery.”
And make no mistake: Obama’s plan has little or nothing to do with climate and everything to do with his social justice worldview, in which he wants to handicap the U.S. ostensibly to the benefit of the rest of the world.
...As for the details, according to The Wall Street Journal, the new rule “would require a 32% cut in power-plant carbon dioxide emissions by 2030 from 2005 levels, an increase from the 30% target proposed last year.”
According to EPA Administrator Gina McCarthy, the estimated annual cost by 2030 will be $8.4 billion.
But keep in mind that government estimates are always low.