2030...sounds about right...the next ice age should be freezing everything...
Suns magnetic field in decline
No sunspots for you
Video here
Posted on 08/04/2015 2:44:25 PM PDT by Nachum
President Barack Obama’s plan targeting coal-burning power plants will cost a quarter of a million jobs and shrink the coal industry by nearly half, according to a new report by the American Action Forum (AAF).
The president released final regulations from the Environmental Protection Agency (EPA) on Monday, which require every state to meet strict emission standards for coal-burning power plants in the next 15 years.
The so-called “Clean Power Plan” will cost the industry $8.4 billion, nearly 10 times more expensive than the most burdensome regulation released this year, according to AAF, a center-right think tank led by Douglas Holtz-Eakin, former director of the Congressional Budget Office.
“This week, the Environmental Protection Agency (EPA) released its final greenhouse gas (GHG) standards for existing power plants,” according to the report, authored by AAF’s director of regulatory policy Sam Batkins. “The final plan will shutter 66 power plants and eliminate 125,800 jobs in the coal industry.”
“Perhaps more alarming, using the 2012 baseline for coal generation and projections for 2030 output, the industry could shrink by 48 percent,” the report said.
AAF based its report on EPA data, which estimated that the rules would lead to 34,000 “net decrease in job-years,” or jobs. However, the AAF argues nearly four workers depend on a single energy job.
“In AAF’s last measurement of the economic loss of the rule, we used a PricewaterhouseCoopers study that found one energy job supports 3.7 additional jobs,” the report said. “If we take that multiplier and apply it to EPA’s figure of 34,000 jobs, it nets a total employment impact of 125,800 fewer workers.”
(Excerpt) Read more at freebeacon.com ...
Is it a depression yet?
The list, Ping
Let me know if you would like to be on or off the ping list
Industries can shrink and industries can expand again.
Obama is not only increasing the burden of government
but by supporting abortion is decreasing the number
of people needed to support it.
Lose.lose situation for the nation.
There you go, GOPe . . . I don’t see anybody feeling around to find their ‘nads . . . I guess you are on his side. . . more evil.
And raise electric bills by HOW MUCH?
2030...sounds about right...the next ice age should be freezing everything...
Suns magnetic field in decline
No sunspots for you
Video here
If Obama can put it in, the next president can take it out.
With any luck the States will say FU to BO.
Why are we being subjected to this pissant dictator and an unaccountable bureaucracy? Why doesn’t Congress have a say in this? Oh right, I forgot -Boner and the Turtle.
Obama keeping his promise to bankrupt coal and drive up energy prices.
FUBO
Its gonna more like 500k jobs lost.
time for a contract?
Will the next Dem run on the “Frequent Brownout” platform?
If you have to ask, you can't afford it.
Shivering and sweltering in darkened homes and businesses and rolling blackouts will be Obama’s environmental legacy.
Then it’s probably a good thing we won’t need Air Conditioning.
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