November 21, 2016
Environmental Protection Agency (EPA) Administrator Gina McCarthy travels to the National Press Club today to deliver one of her final speeches as head of the EPA. She’s to paint a rosy picture of the Obama administration’s crusade against climate change. “But look at what’s left out of the speech,” advises The Heritage Foundation’s Nick Loris.
“The legacy of global warming regulations imposed by this administration is stunning and certainly nothing to brag about,” according to Loris. “From the Paris Climate Agreement, Clean Power Plan to the administration’s 'keep it in the ground' movement, they’ve levied bundles of new regulations on businesses and the American people – killing jobs, raising energy prices and in turn having nearly zero impact on global temperatures.”
Loris says that, aside from the thousands who have lost their jobs, “the people hurt most by these burdensome regulations are the poor—and surely no president should be proud of that legacy.”
Heritage research has identified the EPA as last year’s most heavy-handed regulator—piling on an additional $11.1 billion in annual regulatory costs. The single costliest regulation put forth was EPA’s Clean Power Plan, which costs the American people $7.2 billion annually.