10/21/2012

Remember my warning about the coming regulatory flood?

For those who might remember my post in July about the coming regulatory flood after the November election, here is a news story about what is forthcoming from the EPA.  From Fox News:
Republican Sen. James Inhofe says the Environmental Protection Agency has delayed action or "punted" on numerous regulations while President Obama tries to "earns votes" for a second term. 
The Oklahoma senator and ranking Republican on the chamber's Committee on Environment and Public Works has released a report stating that when the agency approves the roughly one dozen regulations next year in 2013, they will "spell doom" for jobs and economic growth. 
"The Obama-EPA plans to move full speed ahead to implement this agenda if President Obama wins a second term," Inhofe writes. "These rules taken together will inevitably result in the elimination of millions of American jobs, drive up the price of gas at the pump even more, impose construction bans on local communities and essentially shut down American oil, natural gas and coal production." 
The 14-page report cites pending regulations on a wide range of environmental-economic issues including those on power plant emissions and hydraulic fracturing. . . .

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