The U.S. Environmental Protection Agency is about to pull the rug from underneath climate regulation...
The EPA, under Lee Zeldin, plans torevoke the 2009 "endangerment finding", an Obama-era determination that six greenhouse gases “threaten the public health and welfare of current and future generations”and that has anchored federal climate regulation under the Clean Air Act, according to a newWall Street Journalreport.
Bloombergreportedthat the repeal could be announced as soon as Wednesday, citing an unnamed source.
Repealing the Obama-era climate finding wouldstrip away the legal foundation for federal greenhouse gas regulation, which has been nothing more than toxic and degrowth for the economy, while China and India expanded coal-fired generation to power manufacturing hubs.
"This amounts to the largest act of deregulation in the history of the United States," EPA head Zeldin said in an interview.
Officials say it does not directly apply to emissions rules for oil-and-gas power plants and other stationary sources, but repealing the finding could make it easier to challenge or roll back those regulations at a later date.
The rollback would be a major win for the economy, which has been burdened by years of Democrats' "climate crisis" policies, which have epically backfired as electricity rates have soared amid terrible bets on unreliable solar and wind generation and the retirement of fossil-fuel plants.
This has all collided with grid strain in the data center era, triggering a power bill crisis across Maryland and other Mid-Atlantic states.
Also, this brutally cold winter has only underscored one very important point for 'team fossil fuels':coal and natural gas have helped keep the Mid-Atlantic and Northeast power grids from collapsing in recent weeks.
Since taking office, President Trump has pursued deregulation and pushed for reliable fossil fuels, telling supporters during the campaign trail, "drill, baby, drill." The goal, the president has stated over and over, is to reverse the worst inflation storm in a generation, which he blames on Democrats and their nation-killing green agenda.
Source: ZeroHedge News
