Obama’s EPA Considers Job-Killing Regulations; Families Will See Electric Rates Skyrocket

“Two New EPA Regulations Will Slam The Coal Industry So Hard That Hundreds Of Thousands Of Jobs Will Be Lost, And Electric Rates Will Skyrocket 11 Percent To Over 23 Percent, According To A New Study Based On Government Data.” (Paul Bedard, “Coal Regs Would Kill Jobs, Boost Energy Bills,”U.S. News & World Report’s “Washington Whispers”, 6/8/11)

Regulations Would Hurt Families Living In Economically Challenged States.  “‘Many of these severe impacts would hit families living in states already facing serious economic challenges,’ said Steve Miller, president of the American Coalition for Clean Coal Electricity.  ‘Because of these impacts, EPA should make major changes to the proposed regulations before they are finalized.’” (Paul Bedard, “Coal Regs Would Kill Jobs, Boost Energy Bills,” U.S. News & World Report’s “Washington Whispers,” 6/8/11)

Regulations Could Cost Billions Of Dollars To The Power Industry.  “Overall, the rules… could cost the coal-fired power plant industry $180 billion, warns a trade group.” (Paul Bedard, “Coal Regs Would Kill Jobs, Boost Energy Bills,” U.S. News & World Report’s “Washington Whispers” Blog, 6/8/11)

Even Democrats Are Complaining About Tougher Standards.  “State Rep. Jim Gooch, Jr., [Democratic chairman of the Kentucky House Natural Resources and Environment Committee] complained in a legislative hearing that tougher standards have utilities asking to impose environmental surcharges on customers to recoup billions of dollars that will have to be spent on improving pollution control at coal-fired plants.  ‘Everybody talks about the war on coal,’ Gooch said.  ‘This is a war on Kentucky.’” (Roger Alford, “Ky. Dem Complains Feds Have Declared War On Coal,” Businessweek, 6/3/11)

Obama Has Wanted To Bankrupt Coal-Fired Power Plants All Along.  OBAMA: “So if somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted.” (Sen. Barack Obama, Interview With San Francisco Chronicle, 1/17/08)