Posted by Lambchop
While the country sinks into an ever-widening mire of economic destruction, televised “news” reports on Obama’s dinner with Sarah Jessica Parker…the Obama administration has literally killed an entire industry. And no one has said WORD ONE.
42% of the nation’s electricity comes from COAL-FIRED STEAM GENERATORS.
This despicable socialist administration blocked a bid (that was already approved) to build a large mountaintop removal coal mine in the Appalachians. This action is a first for any administration.
26 states produce coal (that is one-half of the United States with economic interest in the industry) with Wyoming, West Virginia, Kentucky, Pennsylvania, Montana, Texas, Indiana, Illinois, North Dakota, Colorado, Virginia, New Mexico, Alabama and Utah (in that order) leading the production according to the 2010 Energy Information Administration Quarterly Coal Report.
WaPo reported (referring to the EPA’s latest reg standards): The move could end the construction of conventional coal-fired facilities in the United States. The proposed rule — years in the making and approved by the White House after months of review — will require any new power plant to emit no more than 1,000 pounds of carbon dioxide per megawatt of electricity produced. The average U.S. natural gas plant, which emits 800 to 850 pounds of CO2 per megawatt, meets that standard; coal plants emit an average of 1,768 pounds of carbon dioxide per megawatt. Industry officials and environmentalists said in interviews that the rule, which comes on the heels of tough new requirements that the Obama administration imposed on mercury emissions and cross-state pollution from utilities within the past year, dooms any proposal to build a coal-fired plant that does not have costly carbon controls.
“This standard effectively bans new coal plants,” said Joseph Stanko, who heads government relations at the law firm Hunton and Williams and represents several utility companies. “So I don’t see how that is an ‘all of the above’ energy policy.”
The new rules will cost the coal-fired power plant industry $180 billion.
This cost WILL BE PASSED DOWN TO COMSUMERS