So here we go beginning yet another Obama Apology Tour. This one even more ridiculous than the last.
President Obama’s opening remarks at the Paris climate agreement were effectively an apology for industrial progress. At the kickoff of the talks Obama remarked, “I’ve come here personally, as the leader of the world’s largest economy and the second-largest emitter to say that the United States of America not only recognizes our role in creating this problem, we embrace our responsibility to do something about it.”
Obama should not be apologizing for the economic growth that dramatically improved Americans’ and much of the world’s quality of life. Instead, the president should apologize for pushing costly and ineffective climate policies that will make us worse off and trap the world’s poorest citizens in poverty.
The Cost of Climate Policies
The real problem facing American households and businesses is the Obama administration’s climate policies. The administration has finalized a slew of regulations to reduce domestic greenhouse gas emissions. Known as the Clean Power Plan, the Environmental Protection Agency has required states to meet carbon dioxide emissions reduction goals for existing power plants.
At the same time, the EPA finalized a regulation capping emissions of carbon dioxide from new power plants so low as to effectively prevent any coal power plant from running without carbon capture and sequestration technology (which has yet to be proven feasible). The federal government also implemented climate regulations on vehicles, light and heavy-duty trucks, and fracking.