Posted on 09/12/2011 4:33:00 PM PDT by freespirited
Texas energy company Luminant announced on Monday new burdensome Environmental Protection Agency regulations are forcing it to close several facilities, which will result in about 500 job losses.
The company will be idling — stopping the usage of — two energy generating units. It will also cease extracting lignite from three different Texas mines.
The EPA regulation Luminant cites as too burdensome is the new Cross-State Air Pollution rule, which requires Texas power generators to make “dramatic reductions” in emissions beginning on January 1, 2012.
“We have hundreds of employees who have spent their entire professional careers at Luminant and its predecessor companies,” Luminant CEO David Campbell said in a statement. “At every step of this process, we have tried to minimize these impacts, and it truly saddens me that we are being compelled to take the actions we’ve announced today. We have filed suit to try to avoid these consequences.”
The company said it has been trying to meet the new standards, but won’t be able to do so without closing down several facilities and eliminating 500 jobs.
“As always, Luminant is committed to complying fully with EPA regulations,” Campbell said. “We have spent the last two months identifying all possible options to meet the requirements of this new rule, and we are launching a significant investment program to reduce emissions across our facilities.”
“However, meeting this unrealistic deadline also forces us to take steps that will idle facilities and result in the loss of jobs,” Campbell adds.
EPA regulation forces closure of Texas energy facilities, eliminates 500 jobs
With this and the weather models showing a return of the La Nina ENSO pattern which means another year of drought and many lakes are empty or are near empty, Texas will be uninhabitable this time next year.
Won't need the power then.
“They believe: If it moves tax it. If it still moves, regulate it. If it stops moving subsidize it until it starts moving again.”
And the War on Texas continues...
Ping.
EPA now says hay for cattle feed is a pollutant. Looks like all feedlots and beef production will soon be nationalized, and small producers will be forced out. Obama’s communist central planning committees at work.
Who is John Galt because it is happening.
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| BFB 'Bad For Business' His class-warfare tour of 2012 is under way. It's all the Rats have. Saul Alinsky would be so proud. |
Countdown until Zer0 leaves Office: 495 days as of September 12, 2011.
I always heard the saying “Don’t mess with Texas”.
Now all I can think of with that is put up or shut up!
This Narcissist Muslim Usurper speaks of creating jobs while the whole time his Administration is actually costing us jobs.
He hasn’t produced one job ,Outside of Government jobs, but he has sure cost us plenty with his BS.
It doesn't take rocket surgery to figure where this is leading.
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