CEI Today: Obama EPA war on coal, food stamp reform, and Europe's problems
OBAMA EPA GLOBAL WARMING REGS
If the carbon dioxide emissions standard for power plants proposed by the EPA last week is enacted, the United States will have built its final coal-fired power plant.
The proposed standard for new electric plants would, for the first time, place uniform national limits on the amount of carbon dioxide future coal and natural gas power plants are allowed to emit. It would mandate use of carbon capture and sequestration technology for coal plants that is not commercially available and will be extremely expensive even if it does become available in future decades.
FOOD STAMP REFORM - FRAN SMITH
The House last week voted to cut nearly $40 billion from food stamps over 10 years. That's about 5 percent of the total program expenses. Democratic leader Rep. Nancy Pelosi claimed Republicans were voting to take “food out of the mouths of babes.” But CEI's Fran Smith says the House-passed bill is an effort to make most but much-needed reforms in food stamp programs.
Reforms, if they now survive conference committee, would include work requirements and tightening up some of the loose eligibility requirements of the states.
FRIDAY, SEPT. 27
WHERE TO NOW, EUROPE? HOW TO RENEW THE OLD CONTINENT? | A BUSINESS PERSPECTIVE
Economic architecture of a new Europe. How to make institutions, governance and regulations to foster long-lasting growth?
• What initiatives can unlock the dormant potential of Europeans, and ... innovation and competitiveness of the EU’s economy?
• What should be the aim of regulations in times when the economy has come to a halt? • How to manage the long-term development of finances and energetics so that they support growth on the continent?
Host: Jacek Krawiec – President of the Board, PKN ORLEN S.A., Poland
Panellists include CEI regulatory reform expert, Clyde Wayne Crews Jr.