EPA ‘punting’ regs until after election that ‘spell doom’ for jobs, economy

Republican Sen. James Inhofe says the Environmental Protection Agency has  delayed action or “punted” on numerous regulations while President Obama tries  to “earn 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.

The report concluded that pending overall regulations on greenhouse gases if  enacted would cost $300 billion to $400 billion annual and significantly  increase the price of gasoline and home heating.

“The requirements are so strict they virtually eliminate coal as a fuel  option for future electric power generation,” the report states. “In a thinly  veiled political move, the agency has put off finalizing the proposal until  after the election.”

The EPA has long been a target of Republicans lawmakers and other fiscal  conservative who think the agency has overstepped its authority.

The issue has re-emerged this election cycle with Republican presidential  nominee Mitt Romney.

Obama’s campaign referred a request  for comment to the administration.  But the campaign staffer said earlier this month the president has doubled  fuel-efficiency standards so cars and trucks “will go farther on a gallon of  gas, helped double our production of job-creating clean wind and solar energies  and has championed an all-of-the-above American energy strategy.”

He also argued the administration has opened millions of federal acres to oil  and gas development, oil production is now at 14-year high, natural gas  production is at an all-time high and the country is less dependent on foreign  oil than at any time in two decades – arguments Obama made in the Oct. 17  presidential debate.

The report also singles out pending federal regulations on such issues as  farm dust, air quality, coal ash and water-quality in Florida.

The ozone standard if enacted would cost at least $90 billion annually and  would eliminate 7.4 million jobs, the report states, citing federal  analysis.

The report, citing published news reports, states the Obama administration  several years ago agreed to set “first-ever” federal limits on runoff in  Florida, but environmental groups are still waiting for a final decision as the  state is “expected to play a critical role in the outcome” of the election.

The EPA-proposed new guidance documents for waters covered by the Clean Water  Act, in April 2011, reinterprets recent Supreme Court decisions to allow the  agency to expand federal control over virtually every body of water in the  United States, no matter how small, the report also concludes.

As far back as last December, Fox  News revealed that the EPA was pondering a change to how it analyzes  problems and makes decisions, in a way that would also give it vastly expanded  power to regulate businesses, communities and ecosystems in the name of “sustainable development.”

Read more: http://www.foxnews.com/politics/2012/10/21/inhofe-epa-punting-regs-until-after-election-that-pell-doom-for-jobs-economy/?intcmp=trending#ixzz2A29FunTx

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