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Washington, D.C. – At a Resources for the Future event this morning, EPA Administrator Gina McCarthy will address critics of President Obama’s Climate Action Plan. Unfortunately, her stump speech will carry a familiar tune, failing to provide any real answers about the impacts of her agency’s proposed carbon regulations.

 

“Administrator McCarthy must be wishing on a star to compare President Kennedy’s space mission, which had real-world benefits, to President Obama’s climate plan, that will hurt the U.S. economy, cost Americans jobs, and do virtually nothing to impact climate change in any meaningful way,” said Laura Sheehan, senior vice president for communications at the American Coalition for Clean Coal Electricity (ACCCE). “With other nations pursuing smart, economically viable energy policies, President Obama’s approach makes America the loser when it comes to energy and manufacturing innovation. The Obama Administration’s failure to come clean about the facts, choosing instead to hide behind over-the-top, scare-inducing rhetoric, affirms that we must expose the truth about the proposal’s economic consequences and stop it from moving forward.”

 

A recent Wall Street Journal editorial, discussed Germany’s departure from its costly experiment with overreliance on renewable resources. Germany is now building new coal units after recognizing the need to diversify its energy portfolio. President Obama, however, is charting the opposite path, leading the United States to an overreliance on natural gas and unpredictable, costly renewable energy sources like wind and solar.

 

Despite the billions EPA’s climate proposal would cost American consumers,...

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