Report From Shitstain's Own EPA Proves That Everything He's Said About Clean Power Plan Is A Lie
Everything President Trump has said about President Obamas climate plan and why he had to pull the United States out of the 2015 Paris Climate Accord turns out to be a lie.
Thats the inescapable conclusion from the EPAs 289-page Regulatory Impact Analysis, (RIA) released by the administration on Tuesday along with Trumps new Affordable Clean Energy Plan.
This new analysis reports a very low cost of complying with Obamas much-vilified Clean Power Plan, (CPP) which set the rules for cleaning up the dirty U.S. power sector and was the cornerstone of Americas climate pledge at Paris. Trumps EPA now calculates that achieving the emissions reductions of the CPP would cost just $700 million in 2030 dropping to $400 million in 2035. The Obama EPAs estimate for the 2030 costs were seven times larger.
According to the new analysis, the present value of the CPPs compliance costs would be just $3 to $5 billion while the present value of the health, economic, and environmental benefits of the reduced pollution would be as much as $80 billion.
EDIT
According to the table, if the CPP is not adopted, the savings expected (from not having to comply with stricter regulations) are estimated at $700 million ($0.7 billion) in 2030. Obamas own EPA had estimated that complying with the CPP in 2030 would cost more than seven times as much $5.1 billion. If you are wondering why the Trump EPA calculates such low compliance costs, theres a fairly simple answer. Since Trump took office, the economics of coal power has gotten worse and worse, especially compared to solar and wind power so much so that the rate of collapse of coal plants has more than doubled.
EDIT
https://thinkprogress.org/trumps-own-epa-reveals-his-entire-attack-on-the-paris-climate-deal-was-a-fraud-addeb1f0e84d/