Lets listen to the Chamber of Commerce.THE ECONOMY
The U.S. Chamber of Commerce says: The plan will cost the economy more than $50 billion per year.
The administration says: By 2030, the rules will have an annual cost of up to $8.8 billion, but that cost will be far offset by annual climate and health benefits of up to $93 billion.
The reality: We won't know until states decide how to meet their targets. Some states rely more heavily on coal, so different regions will be affected in different ways. Still, it's a safe bet that companies that produce natural gas, solar panels or renewable technologies will get a boost, while coal will take a hit.
To calculate health care savings, the administration uses a somewhat morbid formula that puts a dollar amount on ailments averted -- everything from heart attacks to bronchitis and asthma. It's an inexact science, and there are plenty of caveats.
The conservative Heritage Foundation says: "Nearly 600,000 jobs would be lost."
The United Mine Workers of America says: "We estimate that the total impact will be about 485,000 permanent jobs lost."
The Environmental Protection Agency says: The rules could cost close to 80,000 jobs by 2030 at power plants and fossil fuel companies, but could create about 111,000 jobs in energy efficiency.
The reality: It's tough to tell. Not every coal miner who loses a job will find work installing solar panels and windmills. On the other hand, the low cost of natural gas has already prompted a shift away from coal, meaning some of those jobs will disappear with or without new pollution limits.
The EPA says: Up to 6,600 premature deaths, 150,000 asthma attacks in children and close to half a million sick days will be averted.
The American Lung Association says: "Cleaning up carbon pollution from power plants will save lives and have an immediate, positive impact on public health."
The coal industry says: "The White House continues to perpetuate the nonexistent linkage between EPA's new carbon regulations and public health." -- American Coalition for Clean Coal Electricity
The reality: Even the EPA says that the quantitative health benefits of the new rule are "illustrative examples." It's true that carbon dioxide emissions aren't directly linked to health problems like asthma. But because the rule will decrease the amount of electricity made from burning coal, it will help reduce other pollutants that coal-fired power plants release. Those pollutants create smog and soot, which do cause health problems.
Critics contend the administration is "double counting" those benefits.
And I have news, as coal burning plants are shut down or switched to natural gas, the sulfur, mercury & particulates emissions are also reduced. You people are dumber than sh*t.
But hey, anyone who refuses the science is already dumber than sh*t.