the clean power rules that we re going to have a 32% reduction in greenhouse gases by the year 2030. he is now going to take those off the books. so if they look at the tax brakes, if they look at some of these other regulations that were driving innovation, then, in fact, he could do some damage. but at the same time, as you pointed out, chris, there is a longer term trend here towards innovation that is going to be absolutely impossible for him to stop. and, if we don t continue to pick up the pace, the chinese will create the jobs in their country. the indians will create the jobs in their country t. germans will create the jobs in their country respect a and the rest of the world will input the technologies from their countries rather than from our country. we invented the internet era, the dot-com boom the broadband revolution. we branded google, ebay, amazon, google all across the planet. we re in danger of losing that branding of the united states as the renewable energy innovat
tax breaks, to the wind tax breaks. uh-huh, right. to the kind, let s admit it, the private sector investment in companies like tesla that were reliant upon the fuel economy standards going to 54.5 miles per gallon in the year 2025. he now says he s going to take a new look at that. the clean power rules that we re going to have a 32% reduction in greenhouse gases by the year 2030. he is now going to take those off the books. so if they look at the tax brakes, if they look at some of these other regulations that were driving innovation, then, in fact, he could do some damage. but at the same time, as you pointed out, chris, there is a longer term trend here towards innovation that is going to be absolutely impossible for him to stop. and, if we don t continue to pick up the pace, the chinese will create the jobs in their country.
cashing in. getting ready to roll at the bottom of the hour. what do you have? from the beg debate to the big show, scott walker is right here. think the smackdown chris cries christie and rand paul over surveillance was epic. wait until you hear what scott walker has to say about it. we say good-bye to our biggest fren my, john stewart. don t miss it. see you at 11:30. we will see you. thank you very much. up here first, another epa ah oh. the white house saying its new clean power rules are going to lower your energy bills, but will it zap your energy bills? we debate, you decide. every auto insurance policy has a number. but not every insurance company understands the life behind it. those who have served our nation. have earned the very best service in return.
cleaner air and lower bills? that s what the white house is promising with its new clean power rules. take a look. this plan, the analysis shows lshgs ultimately save the average american nearly $85 a year on their energy bills. but you say this will mean higher prices not lower price. like obama care was going to lower health care costs and you can keep your doctor. germany has gone the obama route and it s been a disaster. a german magazine talks about energy now being a luxury good. energy poverty because electricity rates are three times what they are in the u.s. germany went whole hog on wind power and the like, and then they found out they had to have coal power to back up since wind power and solar energy is not reliable so they had to have redid you understand answery. they had to have backup. it is a tough sell what the administration is doing, trying to convince us that raising the costs of producing energy to energy producers will end up