"If we can prevent the government from wasting the labors of the people, under the pretense of taking care of them, they must become happy." --Thomas Jefferson
The U.S. Environmental Protection Agency on Thursday finalized stronger regulations for Wisconsin and 26 other states aimed at curbing air pollution from long-distance sources. The likely result: Higher electric bills in the coming years.
A group of power companies known as the American Coalition for Clean Coal Electricity called the action one of the most costly crackdowns on coal ever.
Nationwide, the EPA estimated that utilities are projected to spend $800 million on the rule in 2014, in addition to $1.6 billion a year that's been spent to satisfy an earlier version of the regulations.
But, wait! It is all worth it, in the name of lower healthcare costs....
...EPA Administrator Lisa P. Jackson extolled the health benefits of cleaner air, including $120 billion to $280 billion in annual health and welfare benefits beginning in 2014.
EPA's analysis found the rule will save up to 34,000 lives a year and prevent more than 400,000 asthma attacks as well as 19,000 admissions to hospitals.
What is the REAL reason for imposing these draconian rules? Could it all be part of The Obama Plan of fundamentally transforming the U.S.?
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