EPA Administrator Gina McCarthy sent a clear message to consumers this month – your piggy bank won’t get in the way of the agency’s illegal pursuit to regulate carbon emissions.
McCarthy claimed that EPA’s carbon emissions rule is “a win all around.”
Really? Setting aside the fact that legislatures, governors and attorneys general representing 32 states have expressed opposition to EPA’s approach, McCarthy’s comments completely ignore the challenges facing the 59 million low- and middle-income Americans who already spend 17 percent of their budget on energy.
Declining real household incomes, coupled with increased energy prices, are burdening family budgets for millions of low- and middle-income Americans. With wages continuing to stagnate, consumers are now facing the shuttering of hundreds of power plants and are expected to do without tens of thousands of megawatts of coal-generated electricity.
EPA’s answer? Force utilities and consumers to accept less reliable sources of electricity. By forcing these rules on the American public, EPA is making energy costs less affordable for our most vulnerable citizens and will ultimately put our economy at risk.
At a time when we have access to safe and reliable coal and our air has never been cleaner, it is tragic that families still have to decide whether they should keep the lights on or put food on the table.
These concerns are not falling on deaf ears. Recent polling conducted for our organization by Morning Consult reveals significant concern by consumers over how attitudes change when respondents are brought up to speed on the expected cost implications of the rule. Specifically, respondents are unlikely to support the rule if it squeezes the middle class, leads to job losses or increases household energy costs. These are the facts Administrator McCarthy would rather not share with the American public.
We expect the consequences of EPA’s carbon regulation will be severe: causing energy prices to soar, disproportionately affecting impoverished communities and using fewer sources of reliable energy. As the rule becomes available to the public, we will continue to report on economic implications of EPA’s regulatory overreach.
We can’t afford to let this expensive, illegal rule go into effect and we hope you will join us in fighting EPA’s latest regulatory overreach.