In today’s edition of The Heartland Daily Podcast, H. Sterling Burnett, managing editor of Environment & Climate News speaks with Dan Kish. Kish is the vice-president of policy at the Institute for Energy Research (IER). Kish joins Burnett to discuss the high economic costs and the unmeasurable environmental benefits of President Obama’s new Clean Power Plan.
The Environmental Protection Agency’s new Clean Power Plan (CPP) requires that states reduce their electric utility sector carbon dioxide emissions an average of 32% below 2005 levels by 2030. EPA twisted 80 words in the Clean Air Act into 1,560 pages of regulations (plus appendices) demanding that utilities return CO2 emissions almost to 1975 levels, while our population grows by 40 million.
In today’s edition of The Heartland Daily Podcast, H. Sterling Burnett, managing editor of Environment & Climate News speaks with Myron Ebell. Ebell is director of the Center for Energy and Environment at the Competitive Enterprise Institute and chair of the Cooler Heads Coalition. Ebell comes on the podcast to discuss the extreme costs and minimal benefits from President Obama’s clean power plan.
The plan will result in higher electricity costs for businesses and families, lost jobs, lower incomes, higher poverty rates, reduced living standards, and diminished health and welfare, our exhaustive recent study found. This damage will be inflicted at the national level and in all 50 states. The CPP will impact all low-income groups, but hit America’s 128 million Blacks and Hispanics especially hard.
It is seventy years, now, since near the end of the Second World War Austrian economist, and much later Nobel Prize winner, Friedrich A. Hayek published his most famous article, “The Use of Knowledge in Society,” in September 1945, demonstrating why it is impossible for a system of socialist central planning to effectively manage a complex and ever-changing economy better than a functioning, competitive free market order.
In ancient times, wealthy city-states built impregnable walls to ward off attacks from neighboring tribes and other enemies. Today we have a modern-day equivalent in North Carolina, where a few large hospital chains benefit from impenetrable defenses in the form of certificate of need (CON) regulations protecting their wealthy practices from the menace of competition in the form of smaller, more innovative providers that charge less.
“Buy locally” is among the most foolish edicts in the long list of commandments from today’s environmental movement. Local sourcing is proposed by our universities as the solution for saving the rain forests, reducing pollution and halting global warming. We’d expect such advice from an out-of-touch grandparent, but not from our intellectual leaders.
Most people instinctively understand when government shelters companies from competition it is ultimately the consumer who suffers from higher prices, lower quality, or both. Unfortunately, this bit of common sense hasn’t made much difference in the minds of those arguing Indiana should impose a moratorium on new nursing home facilities and beds.
Panel 8 of the 9th International Conference on Climate Change was on the subject of “Costs and Benefits of Renewable Energy.” The panel was focused on the subject of renewable energy, specifically the high cost and potentially devastating economic consequences produced by the federal government’s efforts to replace the current energy sources with renewables.
Last week John Stossel hosted a segment on Earth Day featuring Heartland Senior Fellow James Taylor and Paul Gallay from the Riverkeeper environmentalist organization. Taylor (with some backup from Stossel) crossed swords with Gallay on a number of environmental subjects.
Medicaid expansion is an expensive endeavor that studies show does not provide better or more-affordable health care. Many of the expansion plans that Pennsylvania legislators are considering would use federal[…]
The Department of Labor (DoL) just implemented another crippling regulation on American businesses. All 171,000 federal contractors must now meet a seven percent hiring quota for the disabled. This quota[…]