The Obama Administration is hell bent on running the coal powered power plants out of business. He told us he would bankrupt the coal industry back when he was running for president, but people were either unwilling or too stupid to believe he would do such a thing. SURPRISE!!! He is poised to do just that.
From FOX NEWS:
Power plant operators are nervously awaiting a new Environmental Protection Agency regulation, finalized last week, which requires more than 1,000 facilities, including more than 500 coal-fired plants, to meet stricter emissions standards so as not to pollute neighboring states.
The regulation, called the Cross-State Air Pollution Rule, calls for plants to install scrubbers to lower particulate emissions in states that are downwind.
Except that it might cause a few problems.
Industry studies suggest that the Cross-State Air Pollution Rule, when coupled with other EPA regulations, could force the closure of scores of coal-fired power plants, raise the price of electricity by as much as 23 percent in some areas, and cause 1.4 million job losses by 2020.
Environmentalists insist that sure, it might cost a little more, but it will not be the downer they say.
Environmentalists dispute those findings, suggesting that retrofitting scrubbers in hundreds of power plants nationwide will produce thousands of short-term jobs. John Walke of the Natural Resources Defense Council says the costs borne by utilities and electricity consumers will be made up by the recouping of lost productivity, illness and death caused by pollution.
The EPA says the new rule will ultimately protect 240 million Americans in 27 states from smog and soot pollution and prevent up to 34,000 premature deaths, 15,000 nonfatal heart attacks and 1.8 million sick days."The happy news about EPA's clean air protections will be to reduce premature deaths from heart attacks, and asthma attacks in states that are home to 240 million American, enabling people to go to work and school when they would normally have to stay home sick," Walke said.
He adds that the cost to power plant operators of installing scrubbers, which can run into the millions of dollars, is not as burdensome as the industry contends.
So who is correct and who isn't? Hard question. Probably both are skewed. I haven't seen the studies from either group, but just like the fictional Special Agent Leroy Jethro Gibbs, I depend upon my gut. My gut tells me that the industry might be high-balling the stats and feeding us worst case scenarios, but the EPA and the Environmentalists are out there in left field.
First there is the short term job thing - THOUSANDS OF THEM! Really? And that helps how? I've worked a short term job or two. They are usually low paying, offer few, if any, benefits and contribute little to the economy. Try getting a home loan and telling the bank that your job will only last a few months. That is NOT a plus.
Next is the statistics of tens of thousands of premature deaths prevented and that almost 2 million sick days will not be used. I'm calling Bull Twinkies here, folks. I'm willing to bet those numbers aren't just best case scenario, I'm willing to bet they are made up out of whole cloth. I can see some benefits, obviously, but in the name all that is sacred and profane, don't treat me as if I'm a complete idiot! I don't think those numbers and reality are even close enough to be in the same galaxy!
No one wants to breathe dirty air. I get it. But common sense tells you that people will lose jobs and our electricity rates will most likely skyrocket. It also tells you that they will probably have to close some plants down and brownouts will be a way of life.
And then there's the loss of industry.
"Over the last 20 years we've seen manufacturing move to parts of the country where energy is affordable, so you don’t see a lot of manufacturing in California or in the old industrial areas of New York," Holmstead said. "It's mostly in the Midwest and Southeast. And the problem is all of the industries compete in the global market. As the EPA continues to regulate the cost of energy higher, they can't compete in the global market place."
They can't continue to eat the costs of higher and higher energy costs.
Welcome to the third world.
VW







