After the cap-and-trade energy scheme failed in Congress, President Obama said he’d push for other ways to control Americans’ energy use. “Cap and trade was just one way of skinning the cat,” he said at a press conference. “It was not the only way.”
So the EPA designated carbon dioxide, a naturally occurring compound and necessary component to life on Earth, as a pollutant.
Predictably, it has proven more difficult for the EPA to determine how to regulate CO2 than for it to determine whether it should be regulated. A new report by Heritage’s Center for Data Analysis, for example, finds that the models the EPA used as the basis for its regulation “are fundamentally unsound as a basis for justifying significant regulations of the American economy.”
Do you think the EPA should go back to the drawing board?