National Liberty Federation Remember when Obama promised to bankrupt coal? That was way back in 2008 when President Obama was merely a candidate. Five years later, his dreams of bankrupting coal are getting taken up a notch. As we hear it, tomorrow, Dear Leader is set to unveil a regulation that forms the centerpiece of his “anti-climate change” policy announced awhile back to much green fawning. This new regulation will reportedly ban all future coal-fired power plant construction. Yes, you read that right. Now, of course, the regulation will not actually say “no one may ever again construct a power plant that burns coal to produce electricity anywhere in the United States of America.” Instead, it will just say you can’t build anything in the future that emits more than a certain amount of greenhouse gas and then set a really low number that is commercially untenable as the relevant highest amount that can be emitted in order for a plant to be legally constructed. A bunch of Democrats from coal states are up in arms. I guess they just never thought that the leader of their party was serious about instituting a plan that would basically put vast numbers of their constituents out of work, or raise electricity prices by as much as 80%. It also should surprise no one, especially the geniuses who crafted this regulation, that unless Obama has a last-minute reversal tonight, there’s going to be plenty of litigation and legislative action to try to block this. Rep. Ed Whitfield (R-KY) and other House Republicans are “prepping a bill that would limit new EPA carbon dioxide controls on power plants.” Who’s ready for some skyrocketing electricity bills? Ben
Posted on: Sat, 21 Sep 2013 14:39:48 +0000