Politically-appointed bureaucrats at the EPA will effectively be running the US economy, thanks to the classification of CO2 and other greenhouse gases as public health danger number one.  From the Foundry,

The EPA’s endangerment finding for greenhouse gas emissions on Friday will not be finalized until a mandated 60-day comment period is completed. But once it becomes final, the ruling will trigger massive economy-wide EPA regulations. New York Law School professor David Schoenbrod tells the Washington Post:   “This would be a regulatory maze far exceeding anything we’ve seen before.” According to the US Chamber of Commerce, regulating carbon through the Clean Air Act would affect at least one million mid-sized commercial buildings,  including: 1/5 of all food service businesses, 1/3 of all health care businesses, 1/2 of the entire lodging industry, and even 10% of all buildings used for worship. The Heritage Foundation’s Center for Data Analysis has estimated that EPA carbon regulations will cause annual job losses exceeding 800,000 for several years and a cumulative GDP loss of $7 trillion by 2029.

Much more at the link.

Will Congress be content to abdicate its responsibility to represent its constituents?  They have a ready-made out to deflect the pitchforks of an angry populace:

The US Environmental Protection Agency has forwarded an “endangerment finding” under the Clean Air Act that would lay the foundation for EPA greenhouse gas emission regulations under the Act.  Under the Massachusetts v. EPA case in which the US Supreme Court remanded an EPA decision under the Bush Administration to not regulate greenhouse gas emissions from automobiles, EPA may use the endangerment finding, that greenhouse gas emissions as a pollutant are a risk to human health and welfare, to move forward with restrictions on greenhouse gas emissions if Congress does not pass greenhouse gas legislation this year or early next year.

My emphasis.

Oh, and the Obama Administration is busy finding ways to bypass Congress in its subjugation of the financial sector.  But it’s for the good of the system.  They just don’t say which system.  Not the representative-democracy system, that’s for sure.

The Federal noose tightens.

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