Among the first effects of EPA enforcement of its “endangerment” ruling granting itself authorit to regulate greenhouse gases will be forcing the owners of six million buildings to get new permits certifying that they comply with mandated CO2 emissions reductions.
The Institute for Energy Research (IER) estimates the cost of obtaining those permits will average about $125,000 each, but the ultimate costs will quite likely be far higher, once the toll from lost jobs, lost productivity and lost opportunities is calculated. Here’s how IER puts it:
“Today’s announcement, however – known as an ‘endangerment finding’ – will force as many as 6 million buildings — including hospitals, schools, factories, and churches — to comply with the Clean Air Act, which carries permitting costs of up to $125,000 each. This enormous federal burden will not only cripple small businesses, non-profits and places of worship, it will cost American jobs at a time we can afford it least.”
You can read EPA’s announcement here. Go here for more from IER. Don’t missthis map that show how much electricity is generated in each of the 50 states that satisfies the congressional Renewable Electricity Mandate.
