The EPA regulations he promised in 2008 are ready to go, he’s just waiting for his reelection to impose them, and won’t they be doozies.
• Greenhouse gas regulations, including the infamous “cow tax.” The EPA will finalize proposed regulations that will virtually eliminate coal use in electricity generation, thus driving consumer electric bills sky-high. This cluster of new regulations will also impose an annual fee on farmers for every ton of greenhouse gases emitted by their animals. The EPA estimates that 37,000 farms and ranches will have to pay on average a $23,000 annual “cow tax.”
• New regulations will so severely reduce permissible ozone emissions that the EPA estimates the cost to the economy will be $90 billion per year. Other studies put the cost as high as $1 trillion. Split the difference between the estimates, and the result still means the loss of millions of jobs.
• New Tier III regulations will cut permissible sulfur emissions by two-thirds. That will add as much as 9 cents to the cost of a gallon of gas, according to Inhofe.
• The EPA’s new coal ash regulation will cost as much as $110 billion over two decades and destroy more than 300,000 jobs, mostly in West Virginia, Pennsylvania, Ohio and Missouri.
UPDATE: Full report here – mail it to your liberal friends.