Wednesday, June 12, 2013

Obama administration sneaks more expensive carbon pricing into a microwave-oven rule

Never underestimate the sneakiness when you’re dealing with The Most Transparent Administration, Evah‘s tortured internal conflict between pretending to heed the voices calling for pragmatic economic growth and appeasing the vociferous green interests nipping at their heels. The Obama administration just threw a major bone to said interests with a reevaluation that’s going to come in particularly handy in producing very official- and serious-sounding studies and reports, but it was carried out in a very quiet maneuver that I’m sure they’re hoping will pass by the public eye generally unnoticed.
The Obama administration uses their “social cost of carbon” estimate as a tool to price out how environmentally costly they think proposed regulations are going to be, and they just significantly ramped up that price — and buried the move in a small rule about microwave ovens.

Via Bloomberg:

No comments: