The Environmental Protection Agency is expected to act for the first time to regulate carbon dioxide and other greenhouse gases that scientists blame for the warming of the planet, according to top Obama administration officials. The decision, which most likely would play out in stages over a period of months, would have a profound impact on transportation, manufacturing costs and how utilities generate power. It could accelerate the progress of energy and climate change legislation in Congress and form a basis for the United States’ negotiating position at United Nations climate talks set for December in Copenhagen.
I can hear all the so-call environmentalists, and especially Al Gore, cheering from the loge seats now. But does anyone have any idea what all this is going to cost? And does anyone realize that the entire "stimulus" could be put to naught by a series of rulings that could stop any economic recovery dead in its tracks? Not to worry - the folks in D.C. won't be affected a bit.....
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