It's worth remembering that during his campaign Obama admitted that "electricity costs would necessarily skyrocket" because of his policies capping greenhouse gases. This unprecedented move by the EPA is a major step in that direction. Having set an arbitrary limit of 1,000 pounds of CO2 per megawatt now, what's to stop a second-term Obama from ratcheting the level down further? There wouldn't be any need for the fracking that environmentalists detest if demand for natural gas is regulated away.
Monday, April 9, 2012
Obama: Electricity Costs Will Skyrocket
Providing yet
more evidence that Barack Obama seeks to put coal companies out of business,
this week the EPA enacted regulations that greatly hamper the construction of
coal-fired power plants. The new rules limit utilities to 1,000 pounds of
carbon dioxide per megawatt, a number that coal plants can't touch without
taking extreme measures to reduce carbon dioxide output by nearly half per
megawatt. Currently, an average coal plant weighs in at nearly 1,800 pounds of
carbon dioxide per megawatt while natural gas-fired power plants produce about
850 pounds of CO2 per megawatt generated.
It's worth remembering that during his campaign Obama admitted that "electricity costs would necessarily skyrocket" because of his policies capping greenhouse gases. This unprecedented move by the EPA is a major step in that direction. Having set an arbitrary limit of 1,000 pounds of CO2 per megawatt now, what's to stop a second-term Obama from ratcheting the level down further? There wouldn't be any need for the fracking that environmentalists detest if demand for natural gas is regulated away.
It's worth remembering that during his campaign Obama admitted that "electricity costs would necessarily skyrocket" because of his policies capping greenhouse gases. This unprecedented move by the EPA is a major step in that direction. Having set an arbitrary limit of 1,000 pounds of CO2 per megawatt now, what's to stop a second-term Obama from ratcheting the level down further? There wouldn't be any need for the fracking that environmentalists detest if demand for natural gas is regulated away.
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