As Diana Furchtgott-Roth reports, China's President Xi Jinping has reiterated his stance that China will not be swayed by outside factors in determining its own approach to emissions.
The inconvenient truth is that these EPA rules would impose tens of billions of dollars in annual costs to the U.S. economy, with no tangible reduction to global emissions.
Heritage.org/global-politics/commentary/china-abandons-paris-agreement-making-us-efforts-painful-and-pointless The proposed tailpipe rule would unfairly burden lower-income Americans by significantly raising driving costs.
The power-plant rule, on the other hand, would drastically increase the cost of electricity at a time when the EPA plans to have millions of new electric vehicles accessing the grid.
As Furchtgott-Roth concludes, "Because Xi has explicitly and repeatedly said that his country will not reduce emissions until energy from renewables replaces that from coal-fired power plants, all these costs will result in no reduction in global emissions. The EPA has America on a path to all pain and no gain."
As the U.S. and other western nations cripple their economies in the name of reducing emissions, China blithely continues on its own path, demonstrating to the world that the Paris Agreement and the entire global climate change initiative is an exercise in futility.
The world doesn't dance to the tune of climate alarmism, and it's high time we stopped trying to lead the band.
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