This CO2 BS is going to be a nasty surprise to most Americans. The main industries that will be impacted are refiners, chemical plants and paper mills. About 20 years ago, those industries were forced to install flue gas desulphurization equipment on their dime. This CO2 restriction cost will raise the prices of all fuel big time. That means much higher gasoline, diesel, heating oil and electricity. Think about the last time diesel went way up, the cost of groceries went up very quickly. Add to that smaller companies that cannot get bank financing because the govt owns the banks. They will not be able to absorb that kind of govt manadated cost. Hope and change.
***About 20 years ago, those industries were forced to install flue gas desulphurization equipment on their dime.***
Actually it is older than 20 years ago. back about 1969 and 1970 there was lots of advertising against scrubbers in the major magazines (LIFE, LOOK). They failed.
Scrubbers are good for high sulfur eastern coal so most new plants after that time started using extremely low sulfer western coal and precipitators to remove 99.9% of the ash.
Now, plants designed for low sulfer coal are having to retrofit with scrubbers to remove that last smidgen of sulfer to please the environmentalists. Now the enviros have found new enemies to battle in low sulfer coal power. Mercury. Radiation. nitrous oxide and (gasp) lead!