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EPA's New Clean Coal Rule Would Increase Power Prices by 70 to 80 Percent
Townhall.com ^ | 2/11/2014 | Heather Ginsberg

Posted on 02/12/2014 6:11:09 AM PST by rktman

Well it appears the Department of Energy, which has long lobbied for more clean energy, is now finding that this clean energy is a lot more expensive than they thought it would be. The Obama administration’s plan to fight global warming was to limit carbon dioxide from new power plants. So in order for new coal plants to be built, they would need to spend a lot of money on carbon capture and storage technology.

I guess the EPA then forgot to think about the next logical step. If the power plants have to spend more money on this technology, they are going to have to pay for it somehow; hence the higher prices for consumers.

The deputy assistant secretary for clean coal at the Department of Energy told House lawmakers that this new technology will cause wholesale electricity prices to rise by 70 or 80 percent.

(Excerpt) Read more at townhall.com ...


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: cold; energy; epa; evilcoal; skyrocket
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Hmmmmm. Another promise about to be kept by the "lyin' king". Well, that is if you consider a paltry 70-80% increase skyrocket worthy. Lucky for us we can subsidize the electric bill for "him" so no worries. Let the rationing begin.
1 posted on 02/12/2014 6:11:09 AM PST by rktman
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To: rktman

Another step toward the goal of hobbling the US economy for good and all.


2 posted on 02/12/2014 6:13:44 AM PST by SMARTY ("When you blame others, you give up your power to change." Robert Anthony)
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To: rktman

I keep saying there is a lot he promised...and has followed through with. We are just still in some sort of denial that anyone in America would remotely want that agenda.

We look back on this fool...and find an evil genius instead.


3 posted on 02/12/2014 6:14:11 AM PST by EBH ( The Day of the Patriot has arrived.)
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To: rktman

There goes everybodys $2500 ObamaCare savings. LOL! What goes in your pocket must come out of your pocket. Thanks Barry!!! You da man!


4 posted on 02/12/2014 6:15:52 AM PST by FlingWingFlyer (ObamaCare. The "global warming" of healthcare plans.)
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To: rktman

Another step toward the tripwire.


5 posted on 02/12/2014 6:16:28 AM PST by Howie66 (John Wayne McCornyn...he's just like US! Honest!)
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To: SMARTY

“You really need to move in to the high rise “luxury” apartments in town since you don’t “need” a car. We’ll supply the elec, water and all your utilities. Everything will be within walking distance. You’ll be safe there.” Hmmm. Sound like the “districts” in the Hunger Games?


6 posted on 02/12/2014 6:17:38 AM PST by rktman (Under my plan(scheme),unemployment will necessarily skyrocket! Despite the % dropping. Period.)
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To: rktman

We should just rename them ELA - Environmental Luddite Agency


7 posted on 02/12/2014 6:18:52 AM PST by Gaffer (Comprehensive Immigration Reform is just another name for Comprehensive Capitulation)
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To: rktman

Just throw BIG TAXPAYER SUBSIDIES at them.

Problem solved. /sarc


8 posted on 02/12/2014 6:24:14 AM PST by Buckeye McFrog
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To: rktman

It is way past time to End the EPA. Defund the beast!


9 posted on 02/12/2014 6:27:18 AM PST by 2001convSVT (Going Galt as fast as I can.)
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To: rktman

“Well it appears the Department of Energy, which has long lobbied for more clean energy, is now finding that this clean energy is a lot more expensive than they thought it would be.”

Obama and the EPA Czars knew this would happen all along. Decimating pur economy was always first and foremost on their minds.


10 posted on 02/12/2014 6:30:18 AM PST by freeangel ( (free speech is only good until someone else doesn't like it)
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To: rktman

Because you’re not already paying too much for gasoline and healthcare, Obama sees fit to double your electric bills.


11 posted on 02/12/2014 6:35:18 AM PST by Paine in the Neck (Our Lives, our Fortunes, and our sacred Honor)
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To: Buckeye McFrog

you don’t think “clean coal” has gotten taxpayer subsidies?


12 posted on 02/12/2014 6:50:28 AM PST by babble-on
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To: rktman

It’s bad enough already! These bastards will bankrupt us all!


13 posted on 02/12/2014 6:56:46 AM PST by I want the USA back (Media: completely irresponsible traitors. Complicit in the destruction of our country.)
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To: rktman

“..under my plan of a cap and trade system, electricity rates would necessarily skyrocket”

-B. Hussein Obama, January 2008


14 posted on 02/12/2014 7:56:38 AM PST by digger48
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To: rktman
Simple solution!

Use a tax incentive to create a demand for replacing regular light bulbs with CFL Bulbs.

1. people wold get same lumens with 40% less electricity use and their power bills will go down.

2, Reducue electricity usage for lighting and you can shut all coal fired plants!!!

3. Convert the coal plants so that they can convert coal to gas, diesel fusl, aviation gas and natural Gas and you have created "GREEN ENERGY"

Voila more energy and its GREEN

15 posted on 02/12/2014 8:05:29 AM PST by Young Werther (Julius Caesar said "Quae cum ita sunt. Since these things are so.".)
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To: Young Werther

LOL! Yeah, but the “green” is flowing out of my pockets faster and faster.


16 posted on 02/12/2014 8:11:15 AM PST by rktman (Under my plan(scheme),unemployment will necessarily skyrocket! Despite the % dropping. Period.)
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To: rktman

Part of leftist elitism is pushing the “climbers” back down the ladder.

It’s not enough to achieve wealth and power, they have to push others down to increase the “difference” between their lifestyles and ours.

This is less about increasing prices as it is about making energy, and therefore comfortable lifestyles, unaffordable for the masses.

And it DEFINITELY has very little to do with “the environment”.


17 posted on 02/12/2014 8:13:07 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: rktman

What will be the economics of nat gas fired home generated power?


18 posted on 02/12/2014 8:14:29 AM PST by nascarnation (I'm hiring Jack Palladino to investigate Baraq's golf scores.)
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To: rktman

THE UNITED STATES IS NOT COMPETITIVE ON THE WORLD STAGE.

Since we are not competitive we will not have jobs.

It is as simple as that.

No company or country can afford fluff and stuff and remain competitive. Wasteful and non-essential feel good spending is the foundation for failure and bankruptcy.

That is what is happening here.


19 posted on 02/12/2014 8:42:12 AM PST by Sequoyah101
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To: FlingWingFlyer

Can’t wait for Uncle Sam to gives us our smallpox blankets.


20 posted on 02/12/2014 8:42:37 AM PST by TurboZamboni (Marx smelled bad and lived with his parents .)
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