Free Republic

Obama is using the EPA to attack the Coal industry which will make costs skyrocket for new coal-fired power plants:

The Obama administration on Friday announced that it was not backing down from a confrontation with the coal industry and would press ahead with enacting the first federal carbon limits on the nation’s power companies. The proposed regulations, announced at the National Press Club by Gina McCarthy, the administrator of the Environmental Protection Agency, are an aggressive move by Mr. Obama to bypass Congress on climate change with executive actions he promised in his inaugural address this year.

(Reuters) - The Obama administration proposed on Tuesday the first ever standards to cut carbon dioxide emissions from new power plants, a move likely to be hotly contested by Republicans and industry in an election year. The Environmental Protection Agency proposed the long-delayed rules that limit emissions from all new U.S. power stations, which would effectively bar the building of any new coal plants. While the rules do not dictate which fuels a plant can burn, they would require any new coal plants essentially to halve carbon dioxide emissions to match those of efficient gas plants. "We're putting in place...