A Must-Read: Development, Environment, and the Problem with Too Much Regulation

A new study says that the EPA horribly underestimated the impact its new regulations might have on power plants across the nation. The Institute for Energy Research (IER) is a Washington-based think tank that has studied energy policies and their effect on the economy for over 20 years. Its report now joins dozens of other studies in concluding that despite EPA’s intent, the regulations designed to stop the production and use of coal will have virtually no impact on the global warming.

A fairly heated debate has ensued, some of it about the report’s conclusions, but mostly about the organization that issued it. No surprise there. It has become not just common, but routine, for the EPA and its supporters in the environmental industry to attack anyone that questions the wisdom of its policies.

 

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