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Getting ready for a wave of coal-plant shutdowns (Electric rates to increase because of the EPA)
washington post ^ | 8/19/2011 | Brad Plumer

Posted on 08/20/2011 6:24:49 AM PDT by tobyhill

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.

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. The doomsday scenario has alarmed Republicans in the House, who have been scrambling to block the measures. Environmental groups retort that the rules will bring sizeable public health benefits, and that industry groups have been exaggerating the costs of environmental regulations since they were first created.

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


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Extended News; Government; News/Current Events; Politics/Elections
KEYWORDS: coal; energy
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1 posted on 08/20/2011 6:24:52 AM PDT by tobyhill
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To: tobyhill

Obama won’t do anything until 2013.


2 posted on 08/20/2011 6:26:17 AM PDT by scooby321
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To: tobyhill

I really believe Obama wants to lose the election.


3 posted on 08/20/2011 6:29:12 AM PDT by ilovesarah2012
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To: tobyhill

I love the libtards response.

Less coal plants (i.e. less access to electricity) will improve your health.

El Morons.


4 posted on 08/20/2011 6:29:37 AM PDT by nhwingut (Palin '12... Accept No Other)
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To: nhwingut
The hardest hit states will be the northern blue states chock full of libtard Obama voters. He really is an idiot.
5 posted on 08/20/2011 6:34:57 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: nhwingut
Improved health #)$*@%&...

in the heat or cold, blackouts KILL PEOPLE.

More proof of liberal lunacy and DEPRAVITY.

6 posted on 08/20/2011 6:35:22 AM PDT by Mrs.Z
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To: nhwingut

The first place that should have it’s electricity shut off
is DC. We all know there is no light on in Obama, Reid, and
Pelosi’s heads already.


7 posted on 08/20/2011 6:36:14 AM PDT by Dem Guard (Obama's 57 States = The Organization of The Islamic Conference (OIC).)
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To: ilovesarah2012
Obama famously said before the 2008 election that under his plan electricity rates would necessarily skyrocket. So he probably feels he's just carrying out a campaign promise.
8 posted on 08/20/2011 6:36:34 AM PDT by Menehune56 ("Let them hate so long as they fear" Oderint Dum Metuant), Lucius Accius, (170 BC - 86 BC))
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To: tobyhill

Obama is doing everything that he can to hold back, control, hamper, regulate and steal from businesses and those who start, own and run them. Ergo he is doing everything he can to destroy the economy. One can speculate as to why. But he is.
But we all know that it is the Republicans who are deliberately stalling the recovery.


9 posted on 08/20/2011 6:38:28 AM PDT by all the best
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To: nhwingut
Less coal plants (i.e. less access to electricity) will improve your health.

Except for all the broken bones, knee scrapes, minor impalements and concussions from stumbling around in the dark.

But a few people will be healthier. If they don't suck in all of the candle soot.

10 posted on 08/20/2011 6:38:47 AM PDT by woofer
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To: tobyhill

The people in PA should vote for Obama again. They loved him last time—even when he said he would bankrupt coal based industries.


11 posted on 08/20/2011 6:39:04 AM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: tobyhill

Intentionally reducing the supply of energy... I never could understand why they call themselves “progressives”. Like everything else libtard, nothing but a lie.


12 posted on 08/20/2011 6:39:29 AM PDT by Common Sense 101 (Hey libs... If your theories fly in the face of reality, it's not reality that's wrong.)
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To: Mrs.Z

It’s to be 107 here today.
These people are crazy.


13 posted on 08/20/2011 6:43:09 AM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: WKUHilltopper
I think Obama has internal poll numbers that show him with no chance of winning reelection so he is going all out on his job killing, economic destroying policies.
14 posted on 08/20/2011 6:44:08 AM PDT by tobyhill (Real Spending Cuts Don't Require Increasing The Debt)
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To: tobyhill
Sure, raise electric costs when we are on the verge of a recession and unemployment is close to 10%...that is real smart.

ENVIRONAZIS NEED TO STFU!!!

15 posted on 08/20/2011 6:44:25 AM PDT by Jersey Republican Biker Chick (Cleverly disguised as a responsible adult.)
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To: woofer

Life without energy is cruel and short. Do we really want to go back to the 19th century?


16 posted on 08/20/2011 6:49:26 AM PDT by CobraJet
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To: tobyhill

I think he’ll fake some national emergency and do away with the election. That’s how little I trust this goon’s and his Marxist mob’s intent.


17 posted on 08/20/2011 6:50:06 AM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: CobraJet

Technology of the early 18th century with the morality and culture of the 21st. Heaven help us.


18 posted on 08/20/2011 6:52:39 AM PDT by all the best
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To: woofer

Right...

1812 - Zero Coal Pants - Life Expectancy = 58.

200 years later...

2012 - 600+ Coal Plants - Life Expectancy = 78.

Those coal plants are killing us /s


19 posted on 08/20/2011 6:53:02 AM PDT by nhwingut (Palin '12... Accept No Other)
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To: tobyhill
CRS notes that many of the plants most affected by the new EPA rules were facing extinction anyway: “Many of these plants are inefficient and are being replaced by more efficient combined cycle natural gas plants, a development likely to be encouraged if the price of competing fuel—natural gas—continues to be low, almost regardless of EPA rules.”

Perhaps, but it's one thing to fully depreciate a plant over, say, 50 years and plan for its replacement. It's quite another to have one lose its asset value overnight. In that case, the capital simply won't exist to replace it.

But liberals figure that the Fed can just print up some capital. No prob.

20 posted on 08/20/2011 6:57:32 AM PDT by BfloGuy (Workers and consumers are, of course, identical.)
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