President Obama will soon be heading to Europe to sell his so-called Clean Power Plan to world leaders. Before he goes, however, the gaping holes in his rule will be showcased during Wednesday’s House Science, Space, and Technology Committee hearing appropriately titled, “The Administration’s Empty Promises for the International Climate Treaty.” Led by Texas Congressman and committee chairman Lamar Smith, the hearing will reveal exactly what Obama and EPA are delivering to our country and to leaders around the world: empty promises.
We’ve told you before the president’s power plan will cause huge spikes in electricity costs. Now NERA Economic Consulting vice president Dr. Anne Smith will explain just how our country will be impacted by detailing NERA’s recent study which found the power plan would:
- Raise energy prices in all of the Lower 48 states
- Cause peak year price increase of at least 20 percent in 28 states and more than 30 percent in 14 states
- Cost up to $292 billion in compliance costs
Chairman Smith said, “The pledge to the U.N. is estimated to prevent only a 0.03-degree Celsius temperature rise. There is a reason the president chose to bypass Congress in order to negotiate a climate deal on his own. The president’s plan gives control of U.S. energy policy to unelected United Nations officials. This plan ignores good science and only seeks to advance a partisan political agenda.”
With financial distress this plan would cause and next to zilch environmental benefits, it’s clear why 27 states are suing the Obama Administration and legislators in both chambers are filing a resolution of disapproval to prevent the Environmental Protection Agency from enacting its costly plan.
President Obama should remember one thing when he’s bragging about his power plan to other nations at COP21: His own country isn’t backing him up because his plan causes too much economic ruin for American families. It’s time the president think about just what he’s actually selling – a shiny yet costly and ineffective plan at the expense of American families – when he goes to Paris.