Obama, in remarks on Thursday unrelated to Inhofe's report, said at a campaign event in New Hampshire that investing in clean energy would create new jobs and industries and reduce “the carbon pollution that's heating our planet.”
“Climate change is not a hoax,” the president said. “Droughts and floods and fires, they're not a joke. They are a threat to our children's future and we've got to deal with it in a serious way that also grows our economy.”
Inhofe said the tighter smog standard proposed by the EPA would put several hundred counties out of compliance and stifle job creation. The senator's report cites a story by The New York Times suggesting the tighter standard was delayed because of a political shift toward the president's re-election.
Inhofe said the administration is also preparing regulations regarding hydraulic fracturing that could hinder oil and gas production on federal and private lands. And his report says the administration is planning to implement a new rule reducing the sulfur content in gasoline that will raise the price at the pumps.