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Obama’s coal tax:New EPA rules mean 1.4 mm fewer jobs,higher electric bills(BHO keeps his promise)
wash times ^ | 7/12/11

Posted on 07/12/2011 6:16:57 AM PDT by bestintxas

The Environmental Protection Agency (EPA) on Wednesday finalized “cross-state air pollution” regulations designed to drive coal-plant operators out of business. This noxious rule will choke job creation and ensure that consumers are stricken with higher utility bills every time they switch on the mercury-filled curlicue light bulbs they also will be forced to buy.

Beginning Jan. 1, industrial facilities in 28 Eastern and Central states will be subject to draconian restrictions on emissions of sulfur dioxide and nitrogen oxide, pollutants that potentially can cross borders. It’s all being done in the name of promoting health, but an overzealous and unaccountable bureaucracy is ignoring the devastating toll on the economy’s wellness.

Coal plants will be forced to install new scrubber equipment that provides marginal improvement in air quality at tremendous expense. This cost will be passed along to the consumer in the form of higher electricity costs. NERA Economic Consulting studied the impact of a pair of EPA rules affecting coal and estimated the extra cost would total $184 billion through the year 2030. This includes $72 billion in capital costs that coal companies will have to pay right now to comply. Electric bills will jump 12 percent by 2016 with areas such as Kentucky and Tennessee seeing a 24 percent increase. Employment will drop by a net 1.4 million jobs.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: News/Current Events
KEYWORDS: coal
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He said duing his 2008 campaigning that he would bankrupt the coal company plants.

He is a man of his word after all.

1 posted on 07/12/2011 6:17:01 AM PDT by bestintxas
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To: bestintxas

Does anyone know where thereis video of him saying he would bankrupt the coal plants?

The GOP has ready-made commercials for next year from this bozo


2 posted on 07/12/2011 6:19:37 AM PDT by Mr. K (CAPSLOCK! -Unleash the fury! [Palin/Bachman 2012- unbeatable ticket])
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To: bestintxas

1.4mm?

That’s pretty short................


3 posted on 07/12/2011 6:22:04 AM PDT by Red Badger (Casey Anthony: "Surprise, surprise."...............)
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To: Mr. K

“...electricity costs will necessarily skyrocket...”

Game over..................


4 posted on 07/12/2011 6:25:04 AM PDT by Red Badger (Casey Anthony: "Surprise, surprise."...............)
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To: bestintxas

Great! Electric bill is already high. Can’t wait till it “skyrockets”.......I guess it was “necessary”.


5 posted on 07/12/2011 6:26:46 AM PDT by Girlene
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To: bestintxas

that brown cloud over us will be coming from China

since obama took office, coal sales to China have gone up greatly - folks here notced shipping unusually heavy in the Chesapeae Bay, found much of it due to coal shipping to China - coincidence eh? Port facilities in NW also being expanded to expedite shipping our resources to China. The UMW doesn’t know (or care) it is working as coolies for China

http://www.nytimes.com/2010/11/22/science/earth/22fossil.html


6 posted on 07/12/2011 6:28:30 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: Girlene

Texas was added at the last minute, not part of the original public hearings, etc. Look for Texas to file suit


7 posted on 07/12/2011 6:29:06 AM PDT by rstrahan
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To: bestintxas

Effing EPA needs to be regulated.


8 posted on 07/12/2011 6:30:40 AM PDT by fullchroma
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To: Mr. K

http://www.youtube.com/watch?v=Hdi4onAQBWQ


9 posted on 07/12/2011 6:30:54 AM PDT by perfect_rovian_storm (It is terrible to contemplate how few politicians are hanged. -- G.K. Chesterton)
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To: bestintxas
Let them eat peas.
10 posted on 07/12/2011 6:32:51 AM PDT by Cringing Negativism Network (SOAK THE GLOBALISTS. Globalists destroy US jobs.)
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To: fullchroma

It needs to be eliminated.

If conservatives ever gain control of this fedgov again, it needs to be dismantled.

It’s not enough to remove the leftists from the unaccountable positions of power over others that they gravitate to, those positions of power must be eliminated to prevent them from ever getting power over us again.


11 posted on 07/12/2011 6:33:38 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Cringing Negativism Network

You peaple are all the same...


12 posted on 07/12/2011 6:34:06 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: MrB
(left off the sarcasm tag...)
13 posted on 07/12/2011 6:36:12 AM PDT by Cringing Negativism Network (SOAK THE GLOBALISTS. Globalists destroy US jobs.)
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To: bestintxas

Wait until the 56 mpg mandate hits the auto industry.


14 posted on 07/12/2011 6:36:37 AM PDT by CPOSharky (The only thing straight, white, Christian males get is the blame for everything.)
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To: Red Badger

When I was a kid, I used to wonder why the Russian people put up with the miserable living conditions imposed on them by the Soviet system. Now I see that we are doing the same. I never thought it would happen here.


15 posted on 07/12/2011 6:36:52 AM PDT by Pining_4_TX ( The state is the great fiction by which everybody seeks to live at the expense of everybody else. ~)
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To: Mr. K

“The GOP has ready-made commercials for next year from this bozo.”

#####

Yes, but to actually run them and grind this RaceMarxist into the ground, the aisle-crossing appeasers would first have to have their testicles descend into place.


16 posted on 07/12/2011 6:37:15 AM PDT by EyeGuy (2012: When the Levee Breaks)
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To: bestintxas

Lots of weirdness going on.

Just the other day the Michigan DEQ gave final approval for a new coal fired plant in Rogers City. Yet a couple of years ago they denied the permit due to a lack of demand.

Personally I think the new coal plant will be little more than a means of making wind appear profitable. I know wind supporters have pushed to force coal and gas fired plants to pay the fees that result lack of wind.


17 posted on 07/12/2011 6:40:20 AM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: bestintxas

Simple Solution: Defund the EPA!
How: Don’t raise the debt ceiling!


18 posted on 07/12/2011 6:41:02 AM PDT by Boanarges
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To: bestintxas
And just think they have 15 months to keep the destruction on track. END THE EPA edu,interior,obamacare
19 posted on 07/12/2011 6:42:36 AM PDT by Marty62 (Marty60)
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To: bestintxas

20 posted on 07/12/2011 6:43:39 AM PDT by the_devils_advocate_666
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