ENERGY FAILURE: Dem-Championed EPA Regulations Force Energy Provider to Scale Back Production
February 29, 2012
Dem-Championed EPA Regulations Force Energy Provider to Scale Back Production
Obama’s Hyper-Regulatory Policies Shrink American-Made Energy In Order to Empower Radical Environmental Activists
Obama’s Hyper-Regulatory Policies Shrink American-Made Energy In Order to Empower Radical Environmental Activists
In A Recent Address, President Obama Said That He Wanted To Use Several Means To Solve America’s Energy Challenges:
“Obama is pushing what he calls an ‘all-of-the-above’ approach to the problem of limited energy resources, meaning an attempt to seek out alternative energy sources while reducing consumption of traditional fuels.” (“Obama calls for ‘all-of-the-above’ energy policy in radio address,” Associated Press, 2/25/2012)
However, Due To Strict Obama-Backed EPA Regulations, Power Producers Are Forced To Close Major Portions Of Their Generating Facilities:
“GenOn Energy Inc. (GEN), the third-largest U.S. independent power producer by market value, expects to shut about 13 percent of its generating capacity by May 2015 because of environmental regulations.” (Jim Polson, “GenOn Will Shut Plants Through 2015 on Environmental Rules, Bloomberg, 2/29/2012)
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