Over the next 18 months, the Environmental Protection Agency will finalize a flurry of new rules to curb pollution from coal-fired power plants. Mercury, smog, ozone, greenhouse gases, water intake, coal ash—it’s all getting regulated. And, not surprisingly, some lawmakers are grumbling.This is all being done in support of a myth and a hoax,called global warming,the economy be damned.
Industry groups such the Edison Electric Institute, which represents investor-owned utilities, and the American Legislative Exchange Council have dubbed the coming rules “EPA’s Regulatory Train Wreck.” The regulations, they say, will cost utilities up to $129 billion and force them to retire one-fifth of coal capacity. Given that coal provides
45 percent of the country’s power, that means higher electric bills, more blackouts and fewer jobs.45 percent of the country’s power, that means higher electric bills, more blackouts and fewer jobs.
Saturday, August 20, 2011
Get Ready For Higher Energy Costs And Power Shortages