Continuing Obama’s Climate Agenda Will Cost $1 Trillion
Obama administration regulations to address global warming are already on track to cost $1 trillion over the next 34 years, according to a new report.
The right-leaning American Action Forum (AAF) found federal agencies have already imposed $450 billion worth of regulatory burdens, which are estimated to cost each American household $3,350.
Adopting additional regulations to meet President Barack Obama’s pledge to the United Nations of cutting greenhouse gas emissions 80 percent by 2050 would cost $4.5 trillion, according to an AAF report given to The Daily Caller News Foundation. That will cost $13,000 per person. – READ MORE