Ms. McCarthy also announced a schedule to establish emissions limits on existing power plants to become effective within three years. She based the new rules on her assertion that "climate change -- caused by carbon pollution -- is one of the most significant public health threats of our time." If Obama were really serious about generating power without carbon emissions, he would promote nuclear energy instead of killing it.
Obama's animosity against America's high standard of living based on low-cost electricity is obvious from many statements he has made on the campaign trail. He told the San Francisco Chronicle: "under my plan of a cap and trade system, electricity rates would necessarily skyrocket ... because I'm capping greenhouse gases, coal power plants, natural gas.... Whatever the plants were, whatever the industry was, they would have to retro-fit their operations. That will cost money."
We did, indeed, pay more. USA Today reported in December 2011 that "Electric bills have skyrocketed in the last five years." And electricity rates have continued to rise steadily since then.
Senator Joe Manchin of West Virginia summed up the cost of Obama's announcement: "If these regulations go into effect, American jobs will be lost, electricity prices will soar and economic uncertainty will grow."
Listen to the radio commentary here: