[BfloGuy]

CRS notes that many of the plants most affected by the new EPA rules were facing extinction anyway: “Many of these plants are inefficient and are being replaced by more efficient combined cycle natural gas plants, a development likely to be encouraged if the price of competing fuel—natural gas—continues to be low, almost regardless of EPA rules.”

Perhaps, but it's one thing to fully depreciate a plant over, say, 50 years and plan for its replacement. It's quite another to have one lose its asset value overnight. In that case, the capital simply won't exist to replace it.

But liberals figure that the Fed can just print up some capital. No prob.

[patton]

I wonder how much tax revenue the instant depreciation of all those coal-fird plants will cost.

[sr4402]

Perhaps, but it's one thing to fully depreciate a plant over, say, 50 years and plan for its replacement. It's quite another to have one lose its asset value overnight. In that case, the capital simply won't exist to replace it.

Not only that, but we will have rolling blackouts across the nation. When the weather has been this hot, the grid gets pushed to it's limits and all power plants have to put out their best.

Nuclear has been stymied again, and the Obama Administration will only change the rules again soon. So get ready for the blackouts.

It's probably already in Obama's Create a Crisis so we can't let it go to Waste Plan.