It’s MUCH, MUCH worse than that. It’ll cause your power bill to go up 50% to maybe 100%. Sure, some miners will lose their jobs, but EVERY American will feel the impact in their monthly bills. And lots of energy-intensive industries will leave the US, causing huge job losses. We are SO screwed in so many ways.
Countries like india, china and the whole third world will not have to do squat with these rules, it is just a way to take America down a notch.
If the libs are right and we are running out of everything, all energy sources will be used, it’s just a matter of when.
Coal, oil and gas in the ground are just like money in the bank.
As long as you keep control of said land.
In the meantime, until Democrats leave power, everyone gets to pay extra for energy products.
This article, plus the book it's based on, pretty well hit the mark. Things are going to get much worse I'm afraid.
Conversion at many of these plants is so expensive that nearly 300 of them will probably close.
” As I understand it there are ONLY 589 coal-fired power plants in the U.S
more than HALF...of electric generation from Coal FIred Power Plants..go KAPOOF?
we have...to stop this!
” will devastate the coal industry “
and that, is the intention.
“New carbon emission rules will devastate the coal industry”
Which is EXACTLY the point.
Normally I would post “...unexpectedly...”, but this one was planned and promised.
Now the EPA can get cracking on fracking, which is absolutely essential to produce the only viable fuel remaining for electricity generation under the current regime.
Then Obama will proudly wreck the entire economy and bring America to its knees.