EPA chief: Obama has 'changed the dynamic' on climate change

[Geee]

The Hill:

President Obama will leave behind a strong legacy on climate change, according to the head of the Environmental Protection Agency (EPA).

 

Gina McCarthy told Bloomberg BNA in an interview that while Obama has done a lot to crack down on air and water pollutants, it's his actions on climate change, including the first regulations limiting greenhouse gas emissions, that stand out.

 

“I’m pretty excited about the legacy that he is going to leave behind,” McCarthy said in the interview published Friday.

[Geee]

Obama’s Following Through With Promise to Bankrupt Energy Companies

Here’s one set of energy companies: Peabody, Arch Coal, Patriot Coal, Alpha Natural Resources, James River Coal and Walter Energy.

 

Here’s another: Solyndra, Abound Solar, Fisker Automotive, Beacon Power, Vehicle Production Group.

Both sets companies have two common elements. They’ve all filed for bankruptcies and the federal government had a role in their demise. The economic pain from this will spread to all Americans—both as taxpayers and as energy consumers.

 

 

Peabody, the world’s largest private coal company, announced it was filing for chapter 11 bankruptcy protection. Peabody joins a litany of other coal companies that have fallen on difficult times. A number of factors created the economic turmoil the industry is facing. Market demand for metallurgical coal, which is primarily used to make steel, dropped considerably. Cheap and abundant natural gas supplied from the shale boom in the United States resulted in fuel switching.

 

 

http://dailysignal.com/2016/04/15/obamas-following-through-with-promise-to-bankrupt-energy-companies/