The Reality of Regulatory Costs
(October, 2016) — In a Facebook interview last week, EPA Administrator Gina McCarthy acknowledged the obvious: her support for the environmental left’s “keep it in the ground” policy (“I think we share the same goal”), that coal state economies are suffering (they’re “in trouble” she allowed) and EPA’s regulations likely contributed (they may “steepen the curve” of coal’s fall).
Then, like a formula one driver veering from a collision, she quickly dodged responsibility for this “trouble” by blaming market competition. “Frankly, the coal industry has been going downhill since the 1980s,” she told Mashable.
Frankly, this is nonsense.