Any cost increase impact you don't like are 'exaggerated'. Got it.
Cost estimations put forth by the Republican-leaning Chamber of Commerce are likely to exaggerate economic impacts of policies they don't like, yes. At least, that's what they did in this case.
Fact-checking Obama's rules on carbon and coal plants | PolitiFact
I'm not believing the EPA's assertions.
But you believe the American Coalition for Clean Coal Electricity? Without reading their source? lol
ACCCE failed to mention a few things. NERA's report looks at 2017 to 2031 -- a 15 year period. They estimate a gain in the cost of electricity, the losses are due to
energy efficiency programs, not to private businesses. The cost is $24.4 billion/yr, which sounds less than the $50bn you initially touted. Those figures were also using very high costs for NG and oil, which have been cut about in half since the report was released. That will obviously affect NERA's models in a variety of ways.
Double digit / 20% electricity price increases.
Looks like NERA estimates that the cost of electricity will only increase if the EPA does not go through with its energy efficiency plans (y'know, the one you were screaming about a second ago). It's also not a per-customer increase, it's a national increase -- as in, if we don't do anything to reduce demand, NERA assumes energy consumption will continue as normal. And again, it likely uses outdated NG/oil costs.
And again, these costs are drops in some very big buckets. $26bn a year is chump change in terms of GDP and federal budgets; $10bn/yr in increased energy consumption is about $70 per household, per year.
Oh, and I don't see the federal government -- or these fossil-fuel industry think tanks -- screaming their heads off when the price of oil or gas increases by, oh, 20%. After all, socking consumers and industries with a 20% increase in fuel costs surely has an impact on the economy, right? Yes, I wonder why they don't routinely provide 15-year projections on how much that costs the economy....
Verge of doing better? I'd disagree.
lol You do realize you're disagreeing with yourself, yes?
Given the economic damage the recession has caused and the need for healing, we should be looking for ways to accelerate the economic growth, not stagnate it with heaping yet more compliance costs on businesses.
Fortunately, the new regulations Obama chose for the EPA to pursue will not do any real damage to the economy. The coal sector will take a bit of a hit, there's no way around that. However, spending $26bn/yr on energy efficiency plans won't harm anyone, and reducing both pollution and greenhouse gases will benefit the economy and environment overall.