Anti-Global Warming Policies Are Devastating Minorities
Studies by academics and think tanks find environmentalist-inspired public policy likely increases unemployment, slows economic growth, and often leads to regulatory incentives that make the plight of minorities much worse.
Increases in the price of electricity harm black Americans and other ethnic minorities far more than they harm the average household, according to a study by the Pacific Research Institute(PRI).
President Barack Obama’s Clean Power Plan is estimated to raise the average annual electricity bill from 2.9 percent to 3.8 percent of average household income. Minorities tend to have lower than average household income and thus spend a far higher proportion of their money on electricity and energy. PRI found the average black household in America will see its annual spending on electricity rise from 4.5 percent to 5.8 percent of income thanks to the Clean Power Plan.
Lower-income black Americans will bear an even larger burden and could spend up to 26 percent of their household income on electricity.
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