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MI Senators Still Fence Sitting on Backdoor Cap and Trade RegulationsBy JGillman, Section News
As if an unemployment rate above 11 percent wasn't enough for hard hit Michigan folks and businesses to handle, proposed Environmental Protection Agency regulations of greenhouse gases are now poised to offer yet another blow to our hard hit economy. And the effects don't look so very pretty.
Despite having cap and trade legislation rejected by elected officials and the American public last year, the recalcitrant Obama administration is going ahead with similar measures through blunt regulatory decree. The current Republican Policy Committee has now warned that the proposed rules are "more costly than (cap and trade) legislation." So what does that mean for our state? By 2030, Michigan jobs will decrease by about 66,000, economic output will deteriorate by an alarming $12.1 billion, and our 5,178 schools and universities and 187 hospitals could see a 28.2% to 42.0% increase in energy costs, which will likely be passed to taxpayers and patients. Luckily, SOME of our elected officials are trying to wake the Obama Administration before they impose this regulatory nightmare on the nation. But whom? For Michigan's future, it seems we have to rely on help from a little further South. So South we go.
To Kentucky.
Senator Mitch McConnell has introduced legislation before the Senate which would strip the EPA of its ability to impose these iron fisted regulatory abominations. His amendment would ensure that greenhouse gas emissions are addressed by Congress, the proper venue for this important debate, and NOT by unaccountable bureaucrats. Other measures before the Senate such as the Baucus and Rockefeller Amendments would only postpone or slightly temper the devastating effects of these regulatory measures, not addressing the true problem. The uncertainty generated by the planned regulatory permitting process has sidelined billions in investment, stalling our economic recovery. Under outlined regulations, companies would need a permit to upgrade or expand facilities; a permit that could take years to receive, costs thousands or even millions of dollars to comply with, and worst, a permit at the total discretion of EPA bureaucrats. You thought the SOS was bad a few years ago under Austin? Wait until the government is in charge of companies' ability to hire and grow. The McConnell Amendment would clear up any uncertainty by stripping EPA of these regulatory powers, opening the floodgates for American investment and economic recovery. REAL RECOVERY. Amazingly, Michigan Senators Carl Levin and Debbie Stabenow have not come out strongly in support of the amendment to block job killing regulations by the EPA. OK.. maybe not 'amazing' but disappointing just the same. Estimates suggest these measures will add $1 trillion in new regulatory costs by 2020, funds that U.S. taxpayers will have to cover as the federal government continues on a path of out of control growth. After the 2010 election cycle, it is obvious that this unaccountable spending is exactly what the American people don't want. Will Senators Levin and Stabenow act like the leaders they thought they were when Michigan elected them, and stand up for Michigan jobs and prosperity against the Administrations roundabout plans to institute cap and trade in disguise? Eliminating this threat through the McConnell Amendment is the best and only option to address the real problem. Delaying or slightly hampering this effort will only prolong the economic stagnation faced by our state and across the country. In as nice a way as I can say it without being called out as a pushover in this forum, please Senators, vote "Yes" on the McConnell Amendment. I'll send you a box of cookies made in an electric oven if you do.
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MI Senators Still Fence Sitting on Backdoor Cap and Trade Regulations | 3 comments (3 topical, 0 hidden)
MI Senators Still Fence Sitting on Backdoor Cap and Trade Regulations | 3 comments (3 topical, 0 hidden)
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