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The EPA’s decision to regulate carbon emissions, made on the eve of the Copenhagen climate summit, immediately incurred the wrath of industry. Businesses are petrified, as Iain Murray writes in The National Review online, that the agency will regulate “everything larger than a Gore-sized mansion.” What are we to make of this fear? There’s really no need to panic over the prospect of EPA dominance. Instead, industry should take the hint that’s it high time to push hard for climate-change legislation. Sure, the move by the EPA to exercise regulatory authority over carbon — a power granted to ...
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