What plan? Simply closing a coal-fired power generation plant is not a plan, it is a deliberate action to artificially restrict the availability of electric power, for manufacturing, commercial and residential purposes.
Scarcity of anything, for whatever reason, drives up its price. Until a substitute if found, there is little probability the price will decrease, and that only if the substitute is LESS expensive.
Oleomargarine drove down the price of butter for many years.
Progressives are especially good at rationing commodities.
MORE HERE:
http://www.latimes.com/nation/nationnow/la-na-nn-epa-mccarthy-rule-20140602-story.html
Environmental Protection Agency Administrator Gina McCarthy offered a blunt defense Monday of the Obama administration’s new rule to cut carbon dioxide pollution, touting its benefits against mounting criticism from the coal industry and some members of Congress.
“Given the astronomical price we pay for climate inaction, the most costly thing we can do is to do nothing,” McCarthy told a room full of staff members and environmental allies at the EPA headquarters in Washington.
They will make their “green” solutions “affordable” by making traditional economic energy source far more expensive.
Cheaper doesn’t mean cheap.