Obama Allies Court Corporate Support for Climate Regulations

Whether the administration’s proposed policies will address those impacts is another question.

“It’s weird that their argument is that [anthropogenic global warming] is bad for business, because EPA administrator Gina McCarthy concedes the rules won’t actually impact the climate,” said William Yeatman, a senior fellow at the Competitive Enterprise Institute who specializes in energy policy.

“So I don’t see how the rules could be good for business,” Yeatman said.