After years of de-regulation led to the current financial meltdown, the Bush Administration is now promising to re-regulate the industry. However, it is quietly moving to de-regulate environmental protection laws. These regulatory changes violate a core tradition in American politics. At the end of an Administration, sitting presidents have declined to make major changes or issue new policies that bind the incoming president. Here, Bush is seeking to rollback on environmental rules to cause years of delay before any new president can fully protect the environment.
The Washington Post is reporting that the Administration is working on a wide array of federal regulations to weaken environmental controls and regulations. They would ease controls over commercial ocean-fishing activities, remove or reduce controls on emissions of pollutants that contribute to global warming, rollback drinking-water standards and lift a key restriction on mountaintop coal mining.
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