Posted on 06/05/2014 11:23:05 AM PDT by lbryce
U.S. electricity rates are set to rise more than 10 percent by 2020 because of onerous federal environmental regulations on coal-fired power plants, according to an analysis by American Action Forum. This means consumers could be forced to pay $150 more each year for electricity due to Obama administration power plant regulations. The Environmental Protection Agency’s recently announced carbon dioxide limits for existing power plants claims the rule would “shrink electricity bills roughly 8 percent.” But these supposed savings come in 2030 after electricity prices increase “between 5.9 and 6.5 percent in 2020.” “To no one’s surprise, this proposal carries high costs, burdens states with a short compliance timeline, and could threaten the reliability of national electricity markets,” wrote AAF policy analysts Catrina Rorke and Sam Batkins.
But this 6.5 percent increase from carbon dioxide limits is only the tip of the iceberg. Adding the 6.5 percent to the already projected 4.8 percent increase in electricity prices from EPA rules already on the books, means Americans will see 10.3 percent higher power bills by 2020 — adding $150 to their annual power costs by the end of the decade. Higher power costs, however, will not be spread evenly throughout the country, according to AAF. The pain will particularly be felt in regions of the country that are more reliant on coal and are major energy producers.
(Excerpt) Read more at freedomoutpost.com ...
Mark my words. This rat bastard, this misbegotten, godforsaken offspring of Satan and Medusa will be announcing a new trap every few weeks togo into effect at some time or another. The last, worst thing,I've heard, may it be the worst April fool's Joke on me Ever, that Starting July 14, no one will be allowed to withdraw more than $300 per day from their bank accounts. I don't know. It sounds way too hard to believe, Probably not true.
These rules will be stopped very soon on constitutional ground and I mean ENJOINED. The wheels are rolling.
“the rule would “shrink electricity bills roughly 8 percent”.... Kind of like a sale where the price gets doubled then reduced by 25%. Dang, what a bargain huh?
... and send industry to China and India, where, these governments, whatever their other follies, do not adhere to AGW religion and its self-destructive behaviors.
This is just too sweet.
Example #4872 of liberalism doing the opposite of what it claims it wants to do.
Starting July 14, no one will be allowed to withdraw more than $300 per day from their bank accounts. I don’t know. It sounds way too hard to believe, Probably not true.
Link?
According to the RSS satellite data, whose value for May 2014 has just been published, the global warming trend in the 17 years 9 [months] since September 1996 is zero.
The A-Hole-in-Chief assured me that if I like my electricity rates, I can keep my electricity rates.
Raising minimum wage and sueing Mac Donald for $15 wage should help cope with this inflation... who else to blame.. Bush... let us take his estate too. (sarc off)
“Clean Power Plan Proposed Rule”
http://www2.epa.gov/carbon-pollution-standards/clean-power-plan-proposed-rule
The link above has links on how to get involved in fighting this proposal...look to the right under “Get Involved”.
These are the methods LEFTIES use to delay conservative proposals all the time — let’s start using those same tactics to fight this EPA proposal and others that are not in our interest.
Never in the history of the world have so many been so destroyed by so few.
Okay. I read this the other day and I should be back with a link momentarily.
Kind of like a sale where the price gets doubled then reduced by 25%.”
I just had this kind of a conversation with a customer and the sales lady at Coldwater Creek recently. They are having a bankruptcy sale. In the beginning the sales prices were 30% of highest listed price. Issue was that I had purchased a tee shirt there in January for $29.99 and even had it on that day when I went to check out their “bargains”. Price of identical ones on sale was $49.99. Even at 30% off, I still paid less before they started their sale.
Vigilance is a virtue.
There are tens of articles on banks limiting withdrawals to $300 per day, like this one here.I believe those who actually said Obama would enact such a law backtracked and can't be located after realizing they misspoke,as well as I probably did based on what I read.
So, I do owe an apology for it.
Green is the perfect color for the movement as only the wealthy will be able to live in their utopian world.
1) I believe the HSBC regs are for Europe. I vaguely recall reading that in the past.
2) IMNSHO any page that puts up a (do you really want to leave)prompt when you close it is just a come-on to sell some sort of newsletter.
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