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Friday, March 25, 2011

postheadericon Rockefeller is wrong: Delay is denial

Energy policy has long been a political footballâ€"an unstable brew of subsidies, tax credits, and regulations that has all but destroyed a market based approach to our nation’s energy needs. Most recently, the Obama administration embarked on a push for green energy that is threatening the viability of traditional fuels such as coal and petroleum. New regulations thwart exploration and production while raising the costs of energy for consumers. 

Nowhere is this more evident than in the Environmental Protection Agency’s (EPA’s) push to enact new regulations on greenhouse gas emissions. The EPA is rushing in where Congress feared to tread, with oppressive new regulations that will have sweeping effects on businesses across the country. Senator Rockefeller (D-W.V.), torn between environmental interests and growing concerns over the costs of such regulations, has proposed a timeout for the EPA, stopping any regulations for two years. 

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