Wall Street Journal editorial: “Carbon-Income Inequality: Obamas new energy rule is a huge tax on the poor and middle class…the government is essentially creating an artificial scarcity in carbon energy. Scarcities mean higher prices, which will hit the poor far harder … plan will also redistribute income from economically successful states to those that have already needlessly raised their energy costs…EPAs own carbon accounting, shutting down every coal-fired power plant tomorrow and replacing them with zero-carbon sources would reduce the Earths temperature by about one-twentieth of a degree Fahrenheit in a hundred years.”
Posted on: Tue, 03 Jun 2014 19:06:15 +0000
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