Keyword: energyprices
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More than one in three low-income seniors, or 41 percent, has already gone without medical or dental care because of high energy bills, according to a survey included in a newly released report. And things will only get worse for seniors, says the 60 Plus Association, as states scramble to comply with the Environmental Protection Agency's carbon-reduction rules. […] For example, because of high energy prices, 41 percent of seniors went without medical or dental care, 30 percent of seniors went without food for at least a day, 33 percent did not fill a prescription or took less than their...
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Egypt’s prime minister on Saturday defended his government’s decision to introduce a steep rise in fuel prices, saying energy subsidies have over the past decade cost the treasury a staggering E£687 billion (nearly $100 billion) that could have been used to bolster essential services. The fuel price hikes of up to 80 percent came into force early on Saturday and follow promises to cut subsidies that eat up nearly a quarter of the state budget. They also come after an increase in electricity prices that were put in effect at the start of July. Prime Minister Ibrahim Mahlab, addressing a...
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WASHINGTON (AP) — Taking climate change efforts into his own hands, President Barack Obama is proposing sweeping steps to limit heat-trapping pollution from coal-fired power plants and to boost renewable energy production on federal property. Obama, in a speech Tuesday at Georgetown University, was to announce he's issuing a presidential memorandum to launch the first-ever federal regulations on carbon dioxide emitted by existing power plants, moving to curb the gases blamed for global warming despite adamant opposition from Republicans and some energy producers.
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President Obama’s Environmental Protection Agency has devoted an unprecedented number of bureaucrats to finalizing new anti-coal regulations that are set to be released at the end of November, according to a source inside the EPA. More than 50 EPA staff are now crashing to finish greenhouse gas emission standards that would essentially ban all construction of new coal-fired power plants. Never before have so many EPA resources been devoted to a single regulation. The independent and non-partisan Manhattan Institute estimates that the EPA’s greenhouse gas coal regulation will cost the U.S. economy $700 billion. The rush is a major sign...
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The Environmental Protection Agency held 12 hours of stacked hearings in Washington, D.C. and Chicago on Thursday in favor of a regulation that analysts have concluded would kill the building of new conventional coal plants in the U.S. Among the participants scheduled to testify in consecutive five minute blocks throughout the day were multiple representatives from the National Association for the Advancement of Colored People and environmental activists from the Sierra Club, the Environmental Defense Fund, the Natural Resources Defense Council and Greenpeace. The proposed rule, reported by The Washington Post in March, limits the amount of greenhouse gases emitted...
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ORLANDO, Fla. -- A Central Florida supermarket chain is about to close almost all of its local stores. It's part of a move by Albertson's to end the majority of its operations in the state. For the last year or so, Albertson's has been shrinking the number of stores it operates in Florida. In Central Florida, six more stores are going to close in the next few weeks. Only a store in Altamonte Springs will remain open. Albertson's says the Florida market is not good for it, and with fuel and utility costs being what they are, it's closing all...
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It took President Obama’s Press Secretary Jay Carney to shock me to my senses. As someone who favors cutting government spending on clean energy and eliminating government subsidies in general, I was particularly distressed to learn (in Carney’s words) that “I am “aggressively and deliberately ignorant of the world economy not to know and understand that clean energy technologies are going to play a huge role in the 21st century.” Even worse, I learn that “I have a severely diminished capacity to understand what drives economic growth in industrialized countries in this century.” And I had thought that if clean...
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Obama, 2008: I Expect Americans To Share In the Sacrifice By Accepting Higher Energy Prices, Caused By My "Investments," "Until Technology Catches Up"That would be the various boondoggle-tech he's "invested" your tax-dollars in. When those garbage pits of malfeasance start paying off, we'll be able to pay a little less. He claims. Until then, though: He tells an audience they'll have to get used to paying more for energy. This is in direct response to a student asking him what sacrifices he expects the nation to bear, by the way. Well, he did warn us, didn't he? Of course now,...
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WASHINGTON (AP) — The most detailed data yet on emissions of heat-trapping gases show that U.S. power plants are responsible for the bulk of the pollution blamed for global warming. Power plants released 72 percent of the greenhouse gases reported to the Environmental Protection Agency for 2010, according to information released Wednesday that was the first catalog of global warming pollution by facility. The data include more than 6,700 of the largest industrial sources of greenhouse gases, or about 80 percent of total U.S. emissions. According to an Associated Press analysis of the data, 20 mostly coal-fired power plants in...
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Over the next 18 months, the Environmental Protection Agency will finalize a flurry of new rules to curb pollution from coal-fired power plants. Mercury, smog, ozone, greenhouse gases, water intake, coal ash—it’s all getting regulated. And, not surprisingly, some lawmakers are grumbling. Industry groups such the Edison Electric Institute, which represents investor-owned utilities, and the American Legislative Exchange Council have dubbed the coming rules “EPA’s Regulatory Train Wreck.” The regulations, they say, will cost utilities up to $129 billion and force them to retire one-fifth of coal capacity. Given that coal provides 45 percent of the country’s power, that means...
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Have you had a lot of fun watching the price of gasoline shoot out of sight this year at the pump? That will be just the appetizer. Thanks to new regulations from the Obama administration, power companies will shut down a significant number of coal-fired plants by 2014, and without any other reliable sources of mass-produced electricity, consumers will see their bills go up as much as 60% (via Instapundit and Newsalert): Consumers could see their electricity bills jump an estimated 40 to 60 percent in the next few years.The reason: Pending environmental regulations will make coal-fired generating plants, which...
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This April 22, if you find yourself frustrated at rising gasoline prices, or rising electricity prices, or rising natural gas and heating oil prices, make sure you place plenty of blame on the environmentalists behind Earth Day; for decades they have found a reason to oppose every practical form of energy in the name of "saving the planet." Start with their opposition to fossil fuels, including the oil that fuels our vehicles, the coal that powers our factories, and the natural gas that heats our homes. Environmentalists have long thwarted drilling and mining projects on the ground that fossil fuels...
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Earlier this week the president said his singular focus for the next two years will be on the economy. Of course we have heard this from the president since he took office and he told us that we must pass the now failed stimulus package to keep unemployment from reaching eight-percent. Now, as unemployment has hovered near ten-percent for nearly two years, President Obama continues to pay lip service to the economy while implementing policy that is detrimental to economic growth. The Politico is reporting that next week, the Environmental Protection Agency will announce major new greenhouse gas regulations for
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Candidate Obama announces that under his program, energy prices will “skyrocket.” − Barack Obama, Nov. 2, 2008 Hundreds stand in line during freezing weather to get federal aid to heat their homes. − Atlanta, Georgia, Dec. 3, 2010 And we should be surprised by the news that people have been reduced to asking for government aid to survive the winter because…Oh wait, we shouldn’t be surprised.
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President Obama has a solution to the Gulf oil spill: $7-a-gallon gas. That's a Harvard University study's estimate of the per-gallon price of the president's global-warming agenda. And Obama made clear this week that this agenda is a part of his plan for addressing the Gulf mess. So what does global-warming legislation have to do with the oil spill? Good question, because such measures wouldn't do a thing to clean up the oil or fix the problems that led to the leak. The answer can be found in Obama Chief of Staff Rahm Emanuel's now-famous words, "You never want a...
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The BP Spill: Tuesday on Capitol Hill, oil executives were subjected to the Senate's latest show trial. Senators did not say the accident in federal waters was a federal responsibility or that nature spills more oil every day. The morning hearing by the Energy and Natural Resources Committee chaired by Sen. Jeff Bingaman of New Mexico and the afternoon session before California Sen. Barbara Boxer's Environmental and Public Works Committee prove White House Chief of Staff Rahm Emanuel's dictum that a good crisis is a terrible thing to waste — especially when your goal is exploiting the Deepwater Horizon disaster...
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Energy: The administration has banned new offshore drilling until the Gulf oil spill is investigated. Was its heart in it anyway? It seems environmental concerns apply only to certain forms of energy. No one pays much attention to the aquatic "dead zones" that have appeared off our shores at the mouths of our rivers due to agricultural runoff created by mandates for corn-based ethanol. Ethanol is green energy, good energy — never mind that such biofuels drive up food prices, increase hunger around the world and damage the environment in their own way. The explosion that blew apart an oil...
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Cap-And-Trade: While senators froth over Goldman Sachs and derivatives, a climate trading scheme being run out of the Chicago Climate Exchange would make Bernie Madoff blush. Its trail leads to the White House. Lost in the recent headlines was Al Gore's appearance Monday in Denver at the annual meeting of the Council of Foundations, an association of the nation's philanthropic leaders. "Time's running out (on climate change)," Gore told them. "We have to get our act together. You have a unique role in getting our act together." Gore was right that foundations will play a key role in keeping the...
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Energy: As the administration loosens restrictions on domestic energy development and offshore drilling, a reviled company develops technology to unlock America's vast shale resources. Drill, baby, drill. We have been among President Obama's harshest critics when it comes to the administration's overly restrictive energy policy, so we were pleasantly surprised to see him announce on Wednesday some light at the end of the pipeline. Some light, for many restrictions will remain in an energy policy best termed schizophrenic. Speaking at Andrews Air Force Base near Washington, D.C., Obama announced the welcome news that his administration will let lease sales go...
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Future Fuels: Our secretary of energy pushes bio-refineries and windmills to oil executives at an energy conference as the administration announces a three-year offshore drilling ban. This is a policy for economic suicide. They don't qualify as an official group of victims, but carbon-Americans, as they have been called, did not have much to cheer about last week, when Energy Secretary Steven Chu addressed CERAWeek 2010, a premier industry conference hosted by IHS Cambridge Energy Research Associates. With an economy struggling to regain sound footing, Chu advocated a starvation diet devoid of additional fossil fuels that are to remain under...
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