POWER FAILURE: So Much for “All the Above”: New EPA Rule Will Practically End New Coal Plants
March 27, 2012
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So Much for “All the Above”: New EPA Rule Will Practically End New Coal Plants
Obama Administration Cracks Down on Coal Power Plants Today While Energy Prices Continue to Soar President Obama Has Reacted To Soaring Energy Prices By Claiming His Administration Is Committed To An “All Of The Above” Energy Strategy:
“President Obama on Wednesday proposed sweetened tax incentives and subsidies to spur the market for alternative-power cars and trucks, promoting his ‘all of the above’ energy strategy while warning against other politicians’ ‘quick fixes’ to the latest spike in gasoline prices.” (Jackie Calmes, “President Pushes to Add More Credits for Hybrids,” The New York Times, 3/8/12)
But New Environmental Protection Agency Regulations Being Proposed Today Will Effectively End New Coal Power Plants In America:
“The proposed rule — years in the making and approved by the White House after months of review — will require any new power plant to emit no more than 1,000 pounds of carbon dioxide per megawatt of electricity produced… Industry officials and environmentalists said in interviews that the rule, which comes on the heels of tough new requirements that the Obama administration imposed on mercury emissions and cross-state pollution from utilities within the past year, dooms any proposal to build a coal-fired plant that does not have costly carbon controls.” (Juliet Eilperin, “EPA to impose first greenhouse gas limits on power plants,” The Washington Post, 3/26/12)
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