President Barack Obama is not letting the failure of his administration to secure passage of the multi-trillion dollar cap-and-trade legislation before the Congress broke for its election recess, slow his effort to impose “green” mandates on businesses and consumers.
Just last week, it was reported that the Administration was preparing to intervene yet again in the marketplace; this time by placing a host of new energy regulatory mandates on producers of household and commercial appliances, and threatening fines for failing to comply.
In addition to these restrictive mandates, the administration will offer loans and tax breaks to companies producing these “green” alternatives. Incentives would be offered to consumers to buy these appliances, which they would not otherwise be inclined to purchase because of their higher cost and less desirable performance.
Any incentives, whether offered to the consumer or the business gaining an unfair advantage in the market, will of course be funded on the backs of taxpayers. Given that we currently face trillion-dollar deficits as far as the eye can see, it is hard to grasp why we are engaging in costly programs that otherwise would fail.
The answer, of course, is that liberals like Obama believe so strongly in the benefits of “going green” that virtually any cost to push the American consumer in that direction, regardless of how strongly they resist, is a small price to pay for a greener world. And, if the Congress will not for whatever reason go along, then like a parent forcing an unruly child to eat their vegetables, the President will just have to do so by regulatory fiat.