Environmental regulations in the New Year
Policies could cause more harm than good
- Duration 7:10
- Date Dec 30, 2012
Policies could cause more harm than good
Also in this playlist...
This transcript is automatically generated
Ranking Republican on the senate committee on environment and public works and he says the Obama administration's environmental regulations because a whole lot more bad than good.
By increasing taxes on businesses and decreasing jobs.
-- -- -- -- -- -- -- -- -- -- -- They're not he recently.
Issued a fourteen page report on the damage that will be done to America's economy.
If -- -- Obama is able to push through.
Not legislation but regulations.
His so called green initiative.
Let's talk about what happens to this country's economy and -- jobs if that happens.
Yeah what book the other first of I did that before the election because these -- the regulations that he was going to impose.
But he's waiting until after the election to do it for obvious reasons.
Because all these people are gonna lose their jobs he didn't want them to know that before the election.
To put in proper perspective.
I think most people know that the the deficit was was really that was -- that came from the budget.
The president five point three trillion dollar deficit.
Have people understand that they know about his war on fossil feels that here we are in a position.
-- indeed most recoverable.
Fossil fuels reserves of any country in the world would -- be totally independent in a matter of weeks.
And yet he will allow us to go ahead develop -- own resources.
And is disarming of America -- those are three things.
What he's doing to the military and all that.
The people are where they're not aware governor.
The cost of the regulations that he heads.
Now I would just use three of the regulations he was putting off until after the election.
One having to do with the that was called boiler Mac it was the year the regulations on boilers every manufacturer has a boiler.
That'd be 63 billion dollars cost in taxes.
In 800000 jobs.
Cole the same way that we he actually -- some of the diversity do away with -- by having a case.
Eight and emissions requirement where there's no technology that will reach it.
That would be about one point 65.
Then dismay at the same way now the reason I mention these I could be talking about a lot of different regulations.
But these if you just add -- these three regulations that would be 100 billion dollars in taxes in 3.5.
Million in terms.
The a number of them people losing their jobs.
But the crown jewel.
Of all regulations is to regulate cap and trade there's a bad professor at the university but MIT.
Richard wins and one of the top guys in this field.
He said regulating its CO2.
Is -- bureaucrats dream if you regulate CO2.
It would that cost would you did you regulate life.
Now let's look at your state of Arkansas and my state of Oklahoma.
The cost of this regulation this -- cap and trade.
They tried to do you remember this I was on your program talking about this a long time ago whom they tried to do it through legislation they couldn't do it.
So now he's trying to do that through regulation.
And so that cost would be about 400 billion dollars a year do you take your state of Arkansas my state of Oklahoma and do the math.
Each family that pays that files a federal income tax return it pays taxes it would cost him about 3000 dollars a year.
And you don't get anything for it.
That Lisa Jackson has been for a long period of time the head of the EPA.
The Obama's EPA and I answer the question governor on the record live on TV I said.
You know we're gonna pass this cap and trade with this loot and lower our CO2 emissions worldwide -- she said no.
It wouldn't in the region who wouldn't she said is because this only applies to the United States isn't where the problem is.
The problem is in China in New Mexico and in other countries where they don't have any emissions standards so.
That's the big thing that is the crown jewel of all regulations is the most expensive one in its one.
That is based on the assumption that catastrophic global warming is taking place in this dude man made gases as people in this country no better.
You know senator to be able to do that without having congress authorized seems to be an outrage to most of us who understand -- legislative process and why.
We even have elected representatives.
To represent the people in this case he would just be ignoring.
The constitutional responsibility.
To get authorization.
Well how can -- do addresses -- He didn't do it because what first -- -- it's kind of technical but they tried to do that through legislation for 1011 years and we stop him from doing that's cap and trade that we're talking about.
Now in order to do it through regulation you have to have what's called an endangerment finding.
And when we had again Lisa Jackson before -- committee.
I said I have a feeling you're gonna have an endangerment finding so that you can regulate something you've tried to do do that legislation.
And I SR smile -- frankly -- kind of like her she gives honest answers at least to me.
-- -- -- to do this to have an endangerment finding you have to have it based on science well science would you use she said.
Well -- use the United Nations.
IP CC that's Intergovernmental.
Panel on Climate Change.
And it was just it couldn't have been better timing.
This -- to about poetic justice -- -- It was a matter of days after that that climate gate -- -- -- climate gave her yeah they showed beyond any shadow of the doubt that the United Nations has been cooking the science.
-- a long period of time in a similar it to -- it's amazing when you bring these things to light I think a lot of Americans are shocked.
Two to realize that you and a handful of people the United States senate may be the last backstop.
Before this administration just takes -- softened to some kind of international treaty international law international agreement that none of us really.
Would ever agree to.
The other people they're people I served with who thinks there's not a good idea and as it comes from some multinational group and -- Units who what and what about our sovereign investments really all about sort nonetheless this did come from them.
-- you have to keep in mind that that did did that did it's it's the far left you know I can both remember.
When the Democrats primary source of funding and Washington.
Was the labor unions and it was other things.
But now it's a far left environmentalists were talking about moveon.org.
George Soros Michael Moore in that crowd and they put millions of dollars in.
And in this is payback time now this president you remember very well when he said to lead the -- He said I've got to get reelected first then we'll be able to do more when that's what he said to the far left environmentalist.
And he is bound and determined.
Do you have that level of taxation.
That would be that would just drive jobs out of this country -- It's what we can't afford the job loss we can't afford the income loss we need to continue to do us -- the fight for the rest of us -- gym and off.
Always a pleasure and thanks for being with us today.
-- -- -- --