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EPA head McCarthy: Say what?This summer the Environmental Protection Agency (EPA) will finalize its carbon-dioxide emission regulations under President Obama’s Clean Power Plan. The EPA’s own data projects the regulations will reduce global carbon by less than 1 percent and sea level rise by one one-hundredth of an inch. The price Americans will pay for these “benefits” is layoffs and increased energy rates. Yet for the nation’s most vulnerable, the impacts will be far worse, pushing millions into poverty.
Proposed in June 2014, the Clean Power Plan imposes emission reduction targets on each state, with some facing targets as high as 50 percent and 70 percent. The problem is such aggressive targets are simply unattainable. This will force states to close power plants and use inefficient energy sources, causing hundreds of thousands of layoffs and double-digit rate increases in more than 40 states.