EPA ‘clean coal’ rule would increase power prices by 70 or 80 percent


Don’t you just love it when the administration finally tells the truth about what we have been blogging about for years. It’s not like he didn’t tell us. Those states that get their energy mostly from coal, should be an easy capture for the GOP. That is if they can keep their heads about them.

The Daily Caller reports:

An Obama administration official has said that the new clean coal rules could increase electricity prices by as much as 80 percent.
Dr. Julio Friedmann, the deputy assistant secretary for clean coal at the Department of Energy, told House lawmakers that the first generation of carbon capture and storage technology would increase wholesale electricity prices by “70 or 80 percent.”
The Obama administration’s plan to fight global warming includes limiting carbon dioxide from new power plants. In order for new coal-fired power plants to be built, however, they would need to install costly carbon capture and storage (CCS) technology.

 

Uploaded on Mar 18, 2009

Barack Obama: “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” (January 2008)

Posted in Energy. Tags: , , . 13 Comments »

13 Responses to “EPA ‘clean coal’ rule would increase power prices by 70 or 80 percent”

  1. justturnright Says:

    By way of example, IIRC, West Virginia went against Obama in every single country in 2012.
    Not just a few, or most.
    Every. Single. One of ’em. Heck, Texas didn’t do that.
    Which is significant, with West Virginia being a state that would otherwise be receptive to much of the Democratic platform.

    But with this, there’s no question: ALL of coal country will not view this man (or more importantly, his ideological adherents) kindly this year…

    Like

    • bunkerville Says:

      Good news indeed, just wait until these new power bills start rumbling in.

      Like

  2. Always On Watch Says:

    For all practical purposes, not a single American can avoid the need for electricity. Those of us who aren’t the ruling elite will have our personal and family budgets slammed. Again.

    Like

    • bunkerville Says:

      Turley nailed it at a senate hearing… Where is the outrage.

      Like

  3. Steve Dennis Says:

    This is the one promise Obama is making good on, I just wished the people had listened to what he said. But who will this hurt the most. the rich can absorb the costs and the poor will get subsidies and welfare while the middle class will take the hit. And Obama calls himself a middle class warrior…..

    Like

    • bunkerville Says:

      You nailed it totally. This should cost him a couple of senate seats.

      Like

  4. Petermc3 Says:

    Hey bro, Iffen I be gettin’ my SNAP Card can I be paying’ my utility bills wit it? Oh man, I lost my Obamaphone yo.

    Like

    • bunkerville Says:

      Not to worry. Your energy bill will be paid by us. Lots of Bama phones, just call Al.

      Like

  5. Conservatives on Fire Says:

    Congratulations, America! You have finally thrown off the yoke of living under in a constitutional republic. Now you can call yourselves a democracy where 50%+1 can put the screws to the 50%-1.

    Like

    • bunkerville Says:

      Well said. He said he would do it, now he is.

      Like

  6. Brittius Says:

    Reblogged this on Brittius.com.

    Like

    • bunkerville Says:

      Thanks again.

      Like

      • Brittius Says:

        You’re welcome.

        Like


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