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EPA ‘clean coal’ rule would increase
power prices by 70 or 80 percent

Daily Caller, by Michael Bastasch

Original Article

Posted By:KarenJ1, 2/12/2014 10:45:21 AM

An Obama administration official has said that the new clean coal rules could increase electricity prices by as much as 80 percent. Dr. Julio Friedmann, the deputy assistant secretary for clean coal at the Department of Energy, told House lawmakers that the first generation of carbon capture and storage technology would increase wholesale electricity prices by “70 or 80 percent.” The Obama administration’s plan to fight global warming includes limiting carbon dioxide from new power plants. In order for new coal-fired power plants to be built, however, they would need to install costly carbon capture and storage (CCS) technology. “The precise number

Comments:
0bama is the one who lies and says he looks out for the middle class. He has done more with his totalitarians in the EPA, DOJ, et al to destroy the middle class. I never knew I was capable of such extreme loathing for any individuals until they entered the picture. Their behavior is no different than the most vile criminal and it is all based on fraud.

      


Post Reply  

Reply 1 - Posted by: FunOne, 2/12/2014 10:50:27 AM     (No. 9729265)

A 70% increase in the electric bill means absolutely nothing to the ever-growing number of parasites that choose to be wards of the socialist government.

Vote democrat. It´s easier than getting a job.

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Reply 2 - Posted by: Ribicon, 2/12/2014 10:56:41 AM     (No. 9729279)

Considering how bipartisan efforts already have existing utility (including water) prices double or triple what they ought to be, this latest twist of the knife should come as no surprise. Powers that be want the self-supporting among us to freeze in the dark, or have no "disposable" income remaining; those on the public dime (such as the pResident) can crank their heat as high as they like.

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R-G1
  
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Reply 3 - Posted by: RancherJack, 2/12/2014 10:56:42 AM     (No. 9729280)

Good. Cold, hungry people without jobs will march. With more than pitchforks in their hands ..

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Reply 4 - Posted by: JonR, 2/12/2014 10:57:14 AM     (No. 9729281)

Hey people, Obama told you he was going to do this before you elected him twice! Once your electric electric bills double it´ll be too late to do anything about it! Vote these Democrats out of office!

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Reply 5 - Posted by: Blue-Z-Anna, 2/12/2014 11:24:04 AM     (No. 9729316)

When, in the course of human events.........

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Reply 6 - Posted by: whyyeseyec, 2/12/2014 11:40:37 AM     (No. 9729334)

The GOP response? Sorry, there is nothing we can do.

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Reply 7 - Posted by: Iraengneer, 2/12/2014 11:56:41 AM     (No. 9729362)

above comments are true and correct, as far as they go. They do not go far enough.
This kind of garbage (being polite) will inevitably go on, so long as there *IS* an EPA. Call it mission creep, call it bureaucratic True Believers expanding the reach of their fiefdoms, call it whatever you want. It is one more example of Pournelle´s Iron Rule of Bureaucracy.
And there is only one sure remedy.
Abolish the entire, constitutionally insupportable, agency. End it. Not merely defund, but end it. Close it down, fire all the minions there, toss the regs into a furnace, sell the buildings.
Lest we forget, it was a Statist Republican President who, foreshadowing Obumble, established the EPA by one of those "stroke of a pen, law of the land" over-reaches. And none of the succeeding Republicrats who followed him had the integrity to end it via a similar stroke of a pen.
So don´t blame the whole mess on Obumble. The Republicans created this atrocity, and refused to clean up the mess they made. To the harm of the entire country.


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Reply 8 - Posted by: OdinsAcolyte, 2/12/2014 12:27:22 PM     (No. 9729416)

Y´all just figure this out?

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Reply 9 - Posted by: P51DMustang, 2/12/2014 12:37:50 PM     (No. 9729435)

Obumbler is a pathological LIAR, ignore him and his regulators.

Its time the States look out for what´s best in their interest and the peoples´. How will the Feds enforce any laws or regulations without State Cooperation?

Bottom line, they can not.

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Reply 10 - Posted by: oh-heck, 2/12/2014 1:23:14 PM     (No. 9729531)

Its simple, there will be no new coal plants. In states like Texas, they will add natural gas and run a combined cycle plant that achieves a 50% reduction in CO2 for the portion of coal replaced.

Electricity intensive industries will move to TX and generate their own power with direct fired turbines and use the waste heat to run processes and the AC.

You in NY who are sitting on the largest natural gas reserves of the world but are afraid to use fracking to produce, you are on your own. Maybe you should elect smarter politicians.

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Reply 11 - Posted by: mickturn, 2/12/2014 3:05:24 PM     (No. 9729715)

Quoteth Mr. Obama: "Energy Prices will Necessarily SKYROCKET!"

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