When someone criticizes the Environmental Protection Agency, the normal response nowadays is a retort along the lines of, “What did Mother Nature ever do to you?” or “So, you hate puppies and all things good, then?” Yes, I may be exaggerating, but don’t miss my overall point: Americans should feel free, and indeed obligated, to analyze and criticize the actions of federal government agencies. Since our tax dollars fund these massive institutions, it should be expected that we monitor their policies and initiatives, and EPA is no exception.
For the past several years, EPA has targeted domestic energy industries, particularly those producing fossil fuels, under the guise that doing so will significantly thwart climate change and produce a stronger economy. The coal industry in particular has been pinpointed by such EPA policies, which have been cited as a factor in the closure of 62,000 megawatts of electric generating capacity (393 coal units) in 36 states as of June 18. Entire communities have been devastated by these closures, forcing state officials to cope with weakened regional economies and increased unemployment. Hard-working Americans have seen their way of life destroyed for the sake of EPA’s politically fashionable and hastily implemented agenda.
Unfortunately, these irresponsible practices continue to persist in the form of additional, burdensome regulations. What does this trend actually mean for the environment? Will more layoffs, plant shutdowns and intentional economic dilapidation add up to a greener planet? EPA’s proposed carbon regulations, the centerpiece of its climate change program, would reduce sea level rise by a mere 1/100th of an inch – the equivalent of three sheets of paper! From an economic standpoint, the effects are even less inspiring; economic analysis reveals the costs to comply with the plan could total $366 billion, or more, in today’s dollars. Consumers will ultimately foot the bill for these rising costs, which include double-digit electricity price increases in 43 states. Consider the amount of irreversible economic damage these regulations will cause compared to their practically nonexistent environmental achievement and ask yourself, “isn’t there a better way?”
America’s coal industry has undergone vast and impressive improvements to use coal more cleanly and efficiently than ever before. Emissions of sulfur dioxide, nitrogen oxides and particulate matter from coal-fueled power plants have been reduced by approximately 90 percent over the period of 1970-2014. Meanwhile, the industry continues to provide jobs to over 700,000 hard-working Americans and pump revenue and ingenuity into our national economy. As America’s most expansive electricity source, coal provides reliable and affordable energy to families and businesses across the country. States benefit as well; those that generate the majority of their electricity from coal pay on average 11 percent less than the national average.
If EPA wants to make a true, lasting difference in the well-being of our national and global environment, stifling entrepreneurship and hindering families is not the right approach. Instead, incentivize existing industries to develop and utilize cleaner technologies. Encourage responsible growth so businesses can more easily contribute to scientific research and innovation. The American people, and their more manageable power bills, will thank you.