Obama Administration is pushing a new scheme that would create regulations

Endangering the Economy in an Attempt to Pass Cap-and-Trade

By Institute for Energy Research Tuesday, December 15, 2009

For years Congress has struggled to pass legislation to regulate carbon dioxide emissions because Americans know that the regulation of carbon dioxide emission is a tax on energy. Today, the Obama Administration is pushing a new scheme that would create regulations so burdensome that Congress is forced to pass a cap-and-trade bill to reduce the economic pain caused by the regulations. The Administration admits their plan will harm the economy, but they are using it as a threat in order to urge Congress to pass their proposal to tax and regulate energy use.

The Administration’s Plan to Coerce Congress to Pass Cap-and-Trade—Force Congress to Rescue the Economy from the Administration’s Heavy-Handed, Command-and-Control Regulations

During the Presidential campaign Obama’s advisors promised to have the Environmental Protection Agency (EPA) regulate carbon dioxide. Today, the President made good on that promise and EPA published a rule in the Federal Register regulating carbon dioxide and greenhouse gases by declaring that these gases “endanger public health or welfare.â€