So much for “all of the above”
From FreeEnterprise.com. This article makes a few extremely important points.
- Coal is the backbone of our energy generation system, providing 40% of our electricity.
- Coal provides electricity that is low-cost, reliable, affordable, and increasingly clean.
- Coal provides hundreds of thousands of jobs. This article claims 550,000. A recent NMA report noted that coal provides over 800,000 jobs.
- The war on coal will not stop with just coal. Extreme environmental groups have targeted nuclear and oil for decades. Along with the EPA, they are now targeting coal. But that clearly isn’t enough for them as extreme groups have begun a “Beyond Natural Gas” campaign and the EPA has joined in that battle as well with a push to impose extreme regulations on fracking and the shale boom.
When you stop and think about it for a second, you realize that nuclear, oil, coal, and natural gas provide us with over 80% of our energy. If all of these forms of energy are now considered unacceptable and must be regulated out of existence, reasonable people have to start asking, “what will we power our economy and industry with?”
Here’s a teaser from the article. Be sure to read the whole thing.
President Obama has repeatedly called for an all of the above strategy that develops every source of American energy. But he’s also pushing the Environmental Protection Agency to move forward on an aggressive new Climate Action Plan that would take steps toward eliminating our most abundant and affordable energy resource—coal.
Last month EPA unveiled a revamped proposal calling for the first-ever greenhouse gas emissions limits for new power plants, which would be virtually impossible for even the most modern coal plant. By requiring the use of technology that isn’t commercially viable, the new rule is really a de facto ban on new coal plant construction.
Coal is also vital to our economy. The coal industry is responsible for nearly 550,000 U.S. jobs. If adopted, this and other EPA rules would cause sweeping job losses, reduce our coal-fired electricity-generating capacity by 20% or more, and drive up U.S. electricity costs, which would impact all businesses, industries, and families.