When Obama was running for President, he promised electricity prices would necessarily skyrocket.
From the Daily Caller:
The coal industry is crying foul over new Environmental Protection Agency (EPA) regulations which they say will be among the most be costly rules ever imposed by the agency on coal-fueled power plants.
The result, industry insiders say: substantially higher electricity rates and massive job loss.
“The EPA is ignoring the cumulative economic damage new regulations will cause,” said Steve Miller, president and CEO of the American Coalition for Clean Coal Electricity (ACCCE). “America’s coal-fueled electric industry has been doing its part for the environment and the economy, but our industry needs adequate time to install clean coal technologies to comply with new regulations. Unfortunately, EPA doesn’t seem to care.”
Thursday the EPA announced that they have finalized additional Clean Air Act provisions, collectively known as “The Cross-State Air Pollution Rule” to ostensibly “reduce air pollution and attain clean air standards,” by requiring coal companies in 27 states to slash emissions of sulfur dioxide and nitrogen dioxide by 73 percent and 54 percent, respectively, from 2005 levels by 2014.
While the EPA’s alleged benefits are lofty, House Energy and Commerce Committee Chairman Fred Upton cautioned that the new rules will come with a hefty price.
“The goal for these rules should be reasonable regulation that protects public health and the environment while also preserving economic growth. Unfortunately, the unprecedented pace at which the administration is issuing major new rules that impose new costs and regulatory requirements on states, employers, and consumers fails that basic test,” said Upton. “By issuing multiple regulations for the energy and other sectors at such an accelerated rate, EPA has turned regulation from a manageable tool into an unpredictable moving target that makes it difficult for companies to invest and create jobs.”
The coal industry has the same practical concerns.
An analysis ACCCE released earlier this month by the National Economic Research Associates (NERA) used government data to examine the combined impacts of today’s rule and another EPA electricity regulation, the “Utility MACT” Rule. According to NERA’s examination, the EPA’s actions would cause a net job loss of over 1.4 million job-years by 2020.
Read more: http://dailycaller.com/2011/07/07/new-epa-rules-to-devastate-coal-i...
The Obama regime is going to impose environmental restrictions that are going to skyrocket the cost of energy and cost up to 1.4 million Americans their jobs.
This is the Obama regime’s idea of progress.
America’s idea of progress is sending the Obama regime to the unemployment line.
Tags: America, bankrupting, clean, energy, obama
Permalink Reply by Jim Pryor on Government is and has been GRIDLOCKED !!!!!!!!!!
Traverse City MI. is pulling out THREE Hydro Electric Dams that are very Eco friendly !!!!!!!
I have asked and not received an answer to this day to " what willl you relpace the lost power wth ??????"
Raise electric rates more as we GRIDLOCK !!!!
Permalink Reply by Kristin Fecteau on Permalink Reply by Thomas Angle on this is a conspiracy!
Yes it is.
Permalink Reply by Dan on whats the feds going to do who has 40k to buy a friggen car???
heck no one has a home
yes your right
Permalink Reply by Lawrence Brown on Permalink Reply by Maria Rivero on Permalink Reply by Phil McConathy on Cloward and Piven,
When do we stop rationalizing BHO from stabbing the baby, by saying he doesnt understand it will hurt the baby? He knows damned well, stabbing the baby will kill it.
Stop throwing buckets of gasoline on the fire ! It's not putting our the fire! It's not stupidity, its a plan.
What do we need to have happen for us to wake up and "do something" ? Do they have to come into our homes and take our furniture and food?
Now the Islamists are rumored to be planning on implanting explosives surgically into passergers bodies; what does this mean for TSA ? Strip searches? XRays? I can see us crawling on the floor naked with the TSA doing Colonoscopies on us.
Amen, but Jail sounds more logical to me.
Permalink Reply by Dan on
this come out last night i can not belive this did not make the news today??
with empolyment rate going up to 9.2 it will be
9.6 or 9.9 by dec, watch and see
and obama giving his pet talk this moring.
this is b.s. obama the bast>>>d
Permalink Reply by Laura Alford on Wrong. The Dept of Agriculture inspects meat and produce. And water suppliers have to treat and filter water with or without EPA. It's regulated locally.
So you would rather wait endlessly for alternative fuels and do without now? Because without is what we are rapidly moving towards eventhough resources are available.
I suspect you will not be able to sustain yourself if put in a disaster or had to go off the grid. Or just maybe you are so good that you can self sustain anyway and don't need EPA in the first place.
Permalink Reply by william e grant on © 2013 Created by Judson Phillips.
