Posted on 08/03/2015 10:13:38 AM PDT by Rio
Today, the EPA is expected to finalize its regulation of carbon emissions from coal-fired power plants. An EPA administrator will sign the rule later today.
In light of this change, the Electric Reliability Coordinating Council (ERCC), a group of energy companies working on common sense energy and environmental policy, has prepared a document answering ten questions about the final EPA carbon rule.
The report, published July 31, follows the councils previous report: The EPAs Clean Power Plan: A Clear Threat to Electric Reliability, which cites the North American Electric Reliability Corporations (NERC) findings that the rule would add strains to essential reality services.
This concern is one of many that have been expressed by the rules critics. In response to this criticism, EPA has made several changes to the rule, most notably, allowing more time for states to file their implementation plans. However, ERCC explains that the deadlines are still unrealistic, citing similar state plans that needed several years to solidify.
Adding to the concern is the amount the rule relies on renewable energy, which (although greatly improved) still poses issues of its own. ERCC adds, There is still significant problems associated with using ever higher renewable rates for base load power production.
To address these concerns, States must consider reliability in their plan development. The solution, a safety valve, would allow a state to ask the EPA for a temporary waiver to its compliance plan in order to protect the electric grid. The safety valve would allow a unit to operate for up to 90 days outside of the plan, two times during the units lifetime (i.e. those days wouldnt count towards documented emissions). The group that would permit this has yet to be determined, but EPA is coordinating with Regional Transmission Organizations.
Perhaps of most concern, however, is the rules impact on electricity prices an effect EPA and other environmental groups do not deny.
In addition to larger energy bills, many worry that the rule will actually reduce the amount of jobs.
ERCC looks to the past decade to support this claim, saying environmental standards or clean energy mandates will not create industries in the United States that will export clean technology to the rest of the world. To the contrary, the cost of such mandates is borne where they are imposed, but the equipment may well be produced by workers in other countries."
Expanding on this issue, the National Black Chamber of Commerce (NBCC) released a report detailing the potential impact of the regulation on low income groups and minorities.
According to the report, the proposed regulations would have serious economic, employment, and energy impacts at the national level and for all states, and the impacts on low-income groups, Blacks, and Hispanics would be especially severe.
Specifically, the NBCC explains that the rules would significantly reduce U.S. GDP each year over the next two decades (more than $2.3 trillion); destroy millions of jobs; and more than double the cost of power and natural gas.
The report cites FreedomWorks Deneen Borelli, who goes as far as to say that the regulations are The green movements new Jim Crow law.
In a statement to the Committee on Energy & Commerce, Subcommittee on Energy and Power, Eugene M. Trisko, an energy economist and attorney, explained, The National Economic Research Associates (NERA) estimates that the carbon rule will increase delivered electricity prices in the 31 states by 15%, on average, during the period 2017 to 2031. This means that electricity for the consumer will be 15% higher (on average) each year under the Clean Power Plan (CPP) than it would be without the rule.
The ERCC adds that the estimates may be conservative, because they do not take into account any additional natural gas infrastructure or electric transmission investments needed to comply with EPA regulations.
While proponents of the rule say the rule with save money and create jobs, the ERCC maintains you cant regulate your way to prosperity.
It is expected that several groups will likely sue EPA over the new rule, in addition to some states who may ask for the ruled to be stayed (put on hold). If such motions succeed, the rule will be delayed until its legality is determined.
The ERCC says that a stay is a good idea, as the final rule is likely to fail on the merits and because it can in short order inflict significant harm on the states and the regulated community.
In the event that a stay is not issued, the rule will proceed though implementation, although the ERCC believes there is little doubt that many states will challenge the rule as soon as possible.
The ERCC adds, Aside from clear threats to reliability and the economy of the states, state leaders are also angry that EPA has finalized an unprecedented interference into state authority over energy regulation and markets, clearly inconsistent with statutory and Constitutional principles.
According to Dr. Laurence Tribe, a Harvard professor who testified before congress, the rule constitutes a total overhaul of each States way of life, adding that it is an an unconstitutional trifecta: usurping the prerogatives of the States, Congress and the Federal Courts all at once.
EPA expects draft implementations plans from States within the year, with a final plan in three, and compliance beginning in early 2022. EPA is also offering an early action credit for States that begin compliance before these dates.
For more information, visit www.electricreliability.org.
Watch the announcement:
President Obama Speaks on the Clean Power Plan: https://www.youtube.com/watch?v=RQ6N8zN3RCA
Thanks goodness this doesn’t have to go before an elected body for a vote... /s
It would seem that is the plan...
Can we just go ahead and tell ISIS that 0 is gay and get it over with?
THAT'S THE IDEA!
May? Hell killing capitalism is the EPA mission statement.
“EPA Rule May Threaten Jobs, Economy”
DUH...
Ya’ think?
This means the end of all but the most specialized (expensive) Glass production in America, as well as any non-Fed Subsidized:
Steel Production
Aluminum Production
Paper Production
Ceramics and Alkali Production
It means MUCH higher costs and prices for:
Electricity and anything dependent on it for manufcturring
Gasoline
CEMENT
Metals-smelting of any kind
Obama creating more permanent Democrat Voters by wrecking as much of the US Economy as he can.
And no candidate has pledged to eliminate the EPA. If the EPA doesn’t go away then all the conservative social and economic principles in the world won’t help this nation survive.
Minor corrections yo make the headline more generally accurate...
...to make the headline...
The EPA is out of control and should be abolished. It’s just a bunch of not-so-bright bureaucrats trying to justify their existence. Every new proposed environmental regulation should be accompanied by a detailed cost-benefit analysis. Right now it’s all cost and no benefit.
Just about all the EPA does is Threaten Jobs and the Economy
Part of Hussein's Cloward Piven strategy, meanwhile Crybaby Johnny Boehner and Mitch, 0bama's Bitch, McConnell are bust at Happy Hour.
Global Warming on Free Republic here, here and here
“May” effect Jobs??????
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