Today, President Obama outlined the Administration's climate change plan, which would lead to increased energy costs and stunted economic growth. Following the announcement, Rep. Chris Stewart (R-Utah), Chairman of the House Subcommittee on Environment, released the following statement:
"The President's announcement today makes clear that with his final election behind him, he is free to abandon his campaign promise to the nation of an "all of the above" approach to meet our energy needs. And to what end? Even the President's own EPA is on record stating that any US carbon regulations will have little to no global effect due to accelerating growth of emissions overseas. Economists predict that these regulations will increase domestic energy prices and encourage manufactures to relocate overseas. This is unacceptable. Our nation is blessed with an abundance of affordable and reliable energy, yet the president has chosen to abandon these resources to appease a small group of radical environmentalists with American families footing the bill."
"The President ran on a platform of protecting the middle class and working families. The proposed regulations are going to do the exact opposite--increasing costs and hurting the families who can least afford it."