I guess he really was multitasking out on the golf course. The President’s team has been hard at work behind the scenes, coming up with a strategy … well, maybe we should say plan, to address the nation’s many challenges.
Spurred by President Obama’s climate action plan, the Department of Energy is pumping out new standards for refrigerators, dishwashers, air conditioners, ceiling fans, furnaces, boilers, water heaters, lamps and many more appliances.
The administration says the standards will not only help the planet but also stimulate the economy by saving consumers money on their energy bills that they can spend elsewhere.
After what we’ve been through with energy regulations, you’d think the administration would be at least a little hesitant to leap in for another grab at that brass ring. I mean, won’t a sudden raft of new requirements for the products everyone has to purchase have some, er… unintended consequences? William Teach seems to have been thinking along the same lines.
While the rules may save a bit of energy (and there is nothing wrong with that, though it should be the consumer choice, not Government Mandate), it will also drive up the cost of the appliances/devices, which will harm the lower and middle classes.
Apparently this was obvious to everyone except the White House, and industry representatives were quick to chime in.
But industry groups argue the standards, which will apply to both commercial and household appliances, could slow the economy, and that the Energy Department is rushing the new rules while overestimating the savings. Other critics argue the push to regulate household appliances is evidence of a nanny state.
“They’re not taking the time to get it right,” said Steve Yurek, president and CEO of the Air Conditioning, Heating and Refrigeration Institute. “That’s what we’re concerned about,” he said.
For some reason which I can’t quite put my finger on, this sounds awfully familiar. Changing regulations for everyone’s benefit without taking into account the real world fallout and secondary costs which would inevitably be passed on to the consumer? Give me a minute. I’m sure it will come to me.