"I Ignore Such Things.
Oh, and Death to America!"
Posted on 06/29/2015 7:44:32 AM PDT by sheikdetailfeather
The Supreme Court ruled 5-4 against Environmental Protection Agency pollution rules for power plants Monday, in a blow to President Obama's environmental agenda.
The EPA rules in question regulate hazardous air pollutants and mercury from coal- and oil-fired power plants, known as the MATS regulations. The regulations went into effect April 16. The utility industry argues that the rules cost them billions of dollars to comply and that EPA ignored the cost issue in putting the regulations into effect.
Many of the companies have either made the investments or closed power plants to comply. If the investments necessary to upgrade a plant to comply with the regulation aren't justified when considering the operational costs, revenues earned and other factors, then the decision is made to retire it.
(Excerpt) Read more at washingtonexaminer.com ...
After Decades Of Doubt, Deregulation Delivers Lower Electricity Prices
http://www.forbes.com/sites/williampentland/2013/10/13/after-decades-of-doubt-deregulation-delivers-lower-electricity-prices/
More than two decades ago, federal and state governments began dismantling electric utilities’ monopoly on generating electric power.
...After a decade of doubt, it has done precisely that.
The trouble is that while wholesale power prices have fallen dramatically, retail power prices have soared. This dynamic may drive a second and more aggressive era of deregulation.
Before deregulation, power was expensive and the grid was cheap. Today, the converse is true. Power is cheap. The grid is not....
"I Ignore Such Things.
Oh, and Death to America!"
Wow...
What about the “your raisins are yours” decision?
It was created by executive order, could be ended by one...
That one is good.
So 2 for 5?
Well done!
I like it.
Exactly. The government agencies will still require it for a license to operate the facility.
Good example.
My power plant my husband worked at just laid off 1/4 of their workforce. They have an old plant (but the biggest non-nuclear plant in CA) and the carbon credits are taking away any profit they may have had. The plan is to forestall paying the credits, hoping the energy market will change before the payment is due. If not....bankruptcy. These plants owned by small companies have no choice.
And imagine when that plant - the biggest non-nuclear plant in the state - and many others shut down. Costs will ‘necessarily skyrocket’. It’s not even a coal plant but a ‘clean’ gas turbine plant.
“Among the retirees will be Breyer, Bader-Ginsburg, Kennedy, and Scalia. “
I’d be surprised if Scalia waits. He has to figure that his staying on is pointless.
“Power companies, despite their pandering protests, love these mandates. Since they are a government controlled monopoly they are guaranteed a “reseanable” return on their investment. Every government diktat from any level is a way of raising costs that results in a return on a larger base.”
Depends on your definition of ‘power company.’ Places like PG&E, yes. Individual power plants, no. It’s the utilities raking in the bucks.
That about sums it up.
:’( I’m afraid so.
These days FR us full of punks like you posting defeat and despair immediately, crying hopelessness the moment any good news appears.
Just want to point you out for the DU Leftist infiltrator mind-f###er you really are.
See my post #56 and apply it to yourself as well.
rigelkentaurus: this is a small, tiny, irrelevant, narrow ruling, which will be dully noted and ignored.
x_plus_one: Too little too late. No power company will restart, reopen or plan new ventures due to one flimsy supreme court ruling.
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Y'all can cram my Post #56 where the sun don't shine.
You really shouldn’t skip your meds.
You mean the ones other people take so they let people like you whisper despair in their ears?
No thanks.
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