Obama proposal due in days; critics say it’s far too costly
WASHINGTON, DC — “Late last month the Supreme Court rejected the Obama Administration’s attempt to impose stronger rules on mercury, another major pollutant caused by burning coal. Mercury is a neurotoxin shown to affect brain development of young children.
When mercury migrates into the Great Lakes and other bodies of water, it contaminates fish that people eat. Mercury has been one of the leading causes for fish-consumption advisories.
Despite that setback, the Obama Administration is moving ahead with its attempt to impose tougher rules on carbon dioxide.
…Doing nothing will cost the American public $3.8 trillion a year by the end of the century, or 3.6 percent of the nation’s gross domestic product in today’s dollars, according to a 2008 study done by researchers at Tufts University for the Natural Resources Defense Council. Half of that — $1.9 trillion a year more a year — will just come from hurricane damage, real estate losses, and increased costs for water and energy.”
— Tom Henry, Toledo Blade