Obama Abandons EPA And Green Campaigners
The withdrawal of the proposed EPA rule comes three days after the White House identified seven such regulations that it said would cost private business at least $1 billion each
By Guest Column Benny Peiser—— Bio and Archives--September 3, 2011
Global Warming-Energy-Environment | Comments | Back To Full Article
President Barack Obama on Friday scrapped his administration's controversial plans to tighten smog rules, bowing to the demands of congressional Republicans and some business leaders. Obama overruled the Environmental Protection Agency — and the unanimous opinion of its independent panel of scientific advisers. The announcement came shortly after a new government report on private sector employment showed that businesses essentially added no new jobs last month — and that the jobless rate remained stuck at a historically high 9.1 percent. --Associated Press, 2 September 2011
Solyndra, the showcase firm, is now filing for Chapter 11 in an embarrassing blow to the premises of Obamanomics. At least the Obama administration can’t be accused of practicing industrial policy the old-fashioned way and picking winners. It is evidently quite ready to pick losers, too. –Rich Lowry, National Review, 2 September 2011
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