Raymond Richman - Jesse Richman - Howard Richman
Richmans' Trade and Taxes Blog
The President's Climate Action Plan
Andrew Watt (The President's Climate Action Plan -- the good, the bad, and the ugly) stayed up late last to give a quick read to The President's Climate Action Plan which was released at 6am this morning.
The main economic impact of the plan will be felt by the trucking industry. In recent years, a favorite technique of the government when it is trying to keep its budgets under control, is to pass the costs on to the private sector. It will greatly increase regulation on new trucks. Watt's writes:
Another effect will be to increase the price of electricity through more regulations on existing power plants. Again, the government passes the costs onto industry, which in this case will pass the cost onto households and businesses in the form of higher utility bills. Watts writes:
There is also a big payout to academia in an attempt to continue their lip service to global warming, even though the global warming models have all failed to predict the last 15 years. Watt's writes:
There is good news. Watts reads between the lines that the Keystone Pipeline will be built.
Comment by Huh?, 6/26/2013:
High taxes:BAD. Climate change:LIES. OBama:LIAR. OK, I get it, but where's the beef. What is this article trying to say? Anythihg?
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