Theodore's World: Obama Killed Keystone Pipeline and Now He Goes After Coal Industry ~ Will Put 32 Coal Plants Out of Business

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January 20, 2012

Obama Killed Keystone Pipeline and Now He Goes After Coal Industry ~ Will Put 32 Coal Plants Out of Business





The Obama Administration killed the Keystone Pipeline project today.

Up next is the coal industry.


New EPA regulations will force 32 coal plants to close their doors putting hundreds of Americans out of work.

The latest move by the EPA will force new regulations on 26 states. The new rules will kill thousands of jobs, cost billions of dollars and increase electricity rates for every family


New EPA rules will force Western coal-fired power plants to install haze-reducing pollution-control equipment at a cost of $1.6 billion a year. Pictured is the Dave Johnston Power Plant in Glenrock, Wyoming.


Power plant closures to cost US towns jobs, taxes

Long expected but no less dreaded, shutdown of 32 US power plants to cost towns jobs, taxes

An Associated Press analysis has found that more than 32 mostly coal-fired power plants in a dozen states will be forced to close because of the new, more stringent regulations. Another 36 plants are at risk of closing.

No lights will go dark. But the Environmental Protection Agency has estimated that 14.7 gigawatts — enough power for more than 11 million households — will be retired from the power grid in the 2014-15 period when the rules take effect. One rule curbs air pollution in states downwind from dirty power plants. Another sets first standards for mercury and other toxic pollutants from smokestacks.

The effect is greatest in the Midwest and in coal belt states such as Virginia and West Virginia, where dozens of units are likely to shut down.

Take Giles County, where American Electric Power’s Glen Lyn plant is located, and where 44 jobs are on the line.

County Administrator Chris McKlarney worries about the $600,000 tax-revenue hit his $40 million budget will take. But that’s just one concern involving a plant and workers whose community contribution is “hard to quantify.”

“They’ve done so much donation-wise for local causes … And they’re really good people working there,” he said. “They’re coaches in Little League sports, involved in the Parent-Teacher Organization — you lose those kind of people, it’s tough.”

And they’re good jobs — stable, well-paying positions with good benefits in places where such things can be hard to find.

The Obama Administration’s new energy regulations will shut down about 8% of all U.S. generating capacity or the equivalent of wiping out all power generation for Florida and Mississippi



Wild Thing's comment......

FREAK Obama's war upon the American people continues!

I swear he should be in a prison cell in some third world country and never to be released.


Posted by Wild Thing at January 20, 2012 02:50 AM


Comments

During the 2008 presidential race, Obama said he was going after the coal industry and coal fired power plants. I believed him but unfortunately millions of stupid Americans didn't. Chickens are coming home to roost America and it will hit you hard.

Posted by: BobF at January 20, 2012 09:24 AM


I noted at the time the statements that Bob refers to. These statements by obama followed his rhetoric about wealth redistribution. I think the obama worshipping idiots assumed that only the wealthy would pay increased energy costs. Well, those dummies will be hit the hardest. Everyone will pay more as these increased energy costs will affect the entire economy.

We are being warned that shutdown of these coal fired plants will most likely mean rolling blackouts during the most crucial times of the year. That means during the hottest part of summer and the coldest part of winter. Obviously the White House will not affected by blackouts. Hmmm! There is a pun here about blackouts and White House.

Posted by: TomR, armed in Texas at January 20, 2012 10:25 AM


Every day in every way, Comrade Obama, is accomplishing his promise of "Reshaping America"

Unfortuately all of the lemmings who voted for this Marxist cannot see this happening, and will vote for him again in November.

Welcome to the "Third World", Amerika!

Posted by: Sean at January 20, 2012 11:21 AM