President Obama’s big carbon crackdown readies for launch

Prepare for energy prices to skyrocket as regulation costs are always passed on to the consumer.

The EPA will launch the most dramatic anti-pollution regulation in a generation early next month, a sweeping crackdown on carbon that offers President Barack Obama his last real shot at a legacy on climate change — while causing significant political peril for red-state Democrats.

The move could produce a dramatic makeover of the power industry, shifting it away from coal-burning plants toward natural gas, solar and wind. While this is the big move environmentalists have been yearning for, it also has major political implications in November for a president already under fire for what the GOP is branding a job-killing “War on Coal,” and promises to be an election issue in energy-producing states such as West Virginia, Kentucky and Louisiana. Continue reading

Food and Energy Prices May Skyrocket

During the last six months many places around the world have experienced record low temperatures. Already grain crops have suffered. There is speculation by some scientists that we are entering a cooling period. Russian researchers at Pulkovo Observatory, St. Petersburg, are flatly saying that the Sun is putting out less heat. Approximately every 200 years the sun goes into a “solar hibernation.” This signifies a period of lower global temperatures which have historically reduced crop yields, resulting in higher food prices and famine. Continue reading

The Story Nobody Wants to Hear

There are many who can cite numerous reasons why another severe downturn is in store for our future: with a possible military strike against Iran, another financial crisis (this time a sovereign one), rising oil and gasoline prices, massive tax hikes hitting the U.S. economy in 2013, a run-a-way global printing press, to another weather related event or an act of God. Of the potential risks just mentioned the ones that concern us most are rising energy prices and the massive tax hikes due to take effect next year.

Full article: The Story Nobody Wants to Hear (Financial Sense Online)