Hot stock tip: invest in companies producing anti-smog surgical masks. That is, if you buy into Chris Cuomo’s environmental alarmism.
On CNN this morning, the panel discussed the Trump admin’s announcement yesterday that it plans to roll back some of the Obama-era EPA regs viewed as overly restrictive on the coal industry.
Cuomo claimed that the Obama regs are “seen as key to keeping the United States from looking like Shanghai in terms of blowing all kinds of black smoke into the air.”
Cuomo’s suggestion that the Obama regs are all that stand between us and Chinese-style air pollution is absurd. Air quality in the United States was already generally good under the laws in place prior to the latest Obama regs that the Trump admin seeks to review and roll back.
Note: beyond the questionable substance of the Obama regs, the Supreme Court has called their legality into question. Last year, the Supreme Court suspended, pending lower-court review, enforcement of the EPA rule that would have shut down coal-fired plants.
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