Biden’s Energy Plan Is Going To Cost Us Badly In Lost Jobs, Evaporated GDP

  • Using Ohio and California as a template for the rest of the country, a report released Wednesday shows President Joe Biden’s new energy approach will likely mean higher rates and cost tens of thousands of jobs.
  • “With customers already getting hit with rising energy costs, imposing a new Clean Power Plan will make a difficult situation even worse and will have significant, negative economic consequences on households, businesses, and the economy,” said Rea S. Hederman Jr., executive director of the Economic Research Center and vice president of policy at The Buckeye Institute. “With customer rate hikes on the horizon and inflation high, it is time once and for all to pull the plug on federal government mandates that drive up energy costs.”
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