First, the Environmental Protection Agency is set to impose a de-facto carbon tax by raising the cost of energy on American consumers.

Excerpt:

The Environmental Protection Agency announced Thursday that it would regulate greenhouse gas emissions from power plants and oil refineries next year, targeting the nation’s two biggest sources of carbon dioxide.

The move, which comes as part of a legal settlement with several states, local governments and environmental groups which have sued EPA under the Bush administration for failing to act, highlights the Obama administration’s intent to press ahead with curbs on carbon despite congressional resistance.

Collectively, electric utilities and oil refineries account for almost 40 percent of U.S. greenhouse gas emissions: Under the agreement, EPA will propose new performance standards for power plants in July 2011 and for refineries in December 2011 and will issue final standards in May 2012 and November 2012, respectively.

[…]Charles T. Drevna, president of the National Petrochemical & Refiners Association, said his industry will urge lawmakers to block EPA’s move.

“EPA’s proposals would carry tremendous costs but no benefits for the American people – all pain and no gain,” Drevna said in a statement. “Regulations can’t create technology that doesn’t exist or change the laws of physics and economics, so the only way to comply with EPA’s proposals would be to inflict massive increases in energy costs and massive increases in unemployment on families across our nation. This is exactly the opposite of what President Obama rightly called for when he said economic recovery and job creation should be our nation’s top priorities.”

Some key lawmakers such as Rep. Darrell Issa (R-Calif.), who is in line to chair the House Oversight and Government Reform Committee next year, seemed open to such suggestions.

“Rep. Issa is disappointed by EPA’s refusal to appropriately and thoroughly consider regulations that will undoubtedly kill more jobs in an already struggling economy,” said Issa spokesman Kurt Bardella in an e-mailed statement. “The fact is there are serious questions about EPA’s decision to move forward with these job-killing regulations that will usurp power from states — violating the principals of federalism that are the backbone of the clean air act. EPA’s actions will also impose a de facto building moratorium that comes at the expense of thousands of jobs.”

If you raise the cost of producing energy made by coal plants, it raises energy costs on consumers and businesses. If you raise costs on consumers, then you make ordinary people poorer. If you raise costs on businesses then you get fewer jobs. This is why we have had an unemployment rate of near 10% under the Democrats for nearly two years since Obama took office. And why the unemployment rate has been increasing since the Democrats took over the House and Senate in January of 2007. Because they know less about economics than my keyboard. They probably think that raising gas and utility prices will create jobs and increase disposable income of consumers.

I guess they think that a carbon tax is needed right now to stop the global warming monster. What global warming monster?

This one. From the horribly unreliable leftist CNN of all places.

Excerpt:

Snow fell in parts of the southeast Saturday, the leading edge of a powerful storm system that has prompted blizzard warnings in New York City and Boston and threatened to cause major travel headaches at the tail end of the holiday week.

The National Weather Service has issued a blizzard warning for the New York City metropolitan area, from northeast New Jersey through Newark and New York, and including the entirety of both the Long Island and Connecticut coasts of the Long Island Sound. That warning is in effect between 6 a.m. Sunday and 6 p.m. Monday.

Forecasters predict between 11 to 16 inches of blowing snow in much of that region, bringing visibility to near zero at times. Sustained winds as strong as 30 miles per hour could hit Sunday night, with gusts up to 55 mph in parts of central and eastern Long Island.

And, starting at noon Sunday and extending through 6 p.m. Monday, a similar warning is out for all of Rhode Island and most of eastern Massachusetts. Parts of that region could see as much as 20 inches of snow, with strong winds contributing to near blinding travel conditions and likely significant power outages.

The weather service also put out a blizzard watch from Sunday evening through Monday afternoon for coastal New Hampshire and Maine, up to the Canadian border.

I think Obama better hurry up the socialism before global warming fries us all!