Clean power plan will cost jobs and income, while doing nothing to curb global warming

Nevada is already ahead of Obama’s futile gesture by closing cheap coal-fired plants and increasing the cost of power while doing nothing to curb global warming. (Source: Las Vegas Review-Journal)

(Thomas Mitchell) – Obama rhapsodized about his administration’s Clean Power Plan from the EPA, and preached about the urgency to curb global warming now because 2014 was the planet’s warmest year on record and ice caps are shrinking.

“Climate change is no longer just about the future that we’re predicting for our children or our grandchildren; it’s about the reality that we’re living with every day, right now,” he said.

The plan is to cut carbon emissions from power plants by 32 percent by 2030.

Pay no heed to the fact that 2014 was warmer than 2010 by just two-hundredths of a degree – or 0.02C — or that the margin of error means there is only a 38 percent chance that this is true.

But be assured this plan will curb global warming — by 0.018°C by 2100, using the global alarmists own model.

According to a Heritage Foundation report, Obama’s plan will only result in a few costs by 2030:

• An average annual employment shortfall of nearly 300,000 jobs;
• A peak employment shortfall of more than 1 million jobs;
• A loss of more than $2.5 trillion (inflation-adjusted) in aggregate gross domestic product (GDP); and
• A total income loss of more than $7,000 (inflation-adjusted) per person.

Someone should tell the president polar ice has been growing since 2012.

Then there is the possibility that a little man-made warming might not be so bad since some scientists are predicting a subsidence of solar activity that could result in global cooling.

But never let the facts get in the way of Obama’s mission to stop the oceans from rising — just like King Canute.

“And it’s easy to be cynical and to say climate change is the kind of challenge that’s just too big for humanity to solve. I am absolutely convinced that’s wrong,” said Obama the self-assured. “We can solve this thing.”

An expensive solution in search of a problem?

White House or Animal House?

Mr. Mitchell publishes the 4TH ST8 Blog at www.4thst8.wordpress.com.

The column was originally published on Mr. Mitchell’s blog.