Tag Archives for energy
A new study by Energy Ventures Analysis has found that the EPA’s Clean Power Plan (CPP) will add $214 Billion to wholesale electricity prices by 2030. This is the second study this month that has predicted significant new costs for American energy users as a result of the CPP.
Far from being cost neutral or even cost-free, as the Obama administration has tried to claim, the CPP will have massive, nationwide impacts on electricity prices and system reliability. Among this new study’s findings,
- 45 states will face double digit price increases
- 16 states will have price increases of 25% or more
Editor’s note: I just posted this piece as response to yet another article that plays the tired and cliched “dirty coal” game. It’s time for those of us who support American jobs, as well as affordable, secure, domestic AND clean energy to start speaking up. – We need both clean AND affordable Energy.
Coal can and should play a pivotal role in our energy supply
I was disheartened to see Nithin Coca’s recent article make use of the tired epithet “dirty coal” to attack an energy resource that – despite recent market difficulties – continues to provide this country with almost 40% of its electricity needs. Unfortunately the term “dirty coal” conveniently and simplistically ignores the real-life use of technology that makes coal increasingly clean today.
Click here to read the full American Coal Council statement on the EPA’s Final Clean Power Plan Regulation
The final Clean Power Plan continues EPA’s execution of President Obama’s legacy climate change agenda. It is a risky, expensive, and misguided regulatory scheme, devoid of any real climate impact. The increased emphasis on inefficient, intermittent renewables for electricity generation in the final plan only intensifies concerns about grid reliability. The Energy Information Administration projected closure of 90 gigawatts of coal capacity under EPA’s proposed plan. That’s nearly one third of the existing coal fleet, and that number is likely to rise under the final rule. With such drastic reductions, coal plants will be far less available to back up renewables or to buffer spiking natural gas prices. …
The National Journal is reporting that Gov. Mike Pence, Indiana has sent a letter to the White House openly rejecting the EPA’s “ill-conceived and poorly constructed” Clean Power Plan. Without “demonstrable” and “significant” improvements in the proposed regulation, Pence says his state “will not comply” with the rule.
Gov. Pence also goes on to note that Indiana will use any means available to block the rule’s implementation and criticizes the rule as damaging to Indiana’s economy. Pence notes that the CPP will impact system reliability, force the state to fundamentally restructure its generation system, and that it oversteps the agency’s legal and Constitutional boundaries.
Thanks to America’s Power for putting together this video showing the differences in spending priorities between America’s elected officials and average Americans.
This kind of situation always reminds me of the “Jelly Donut” scene in the movie Full Metal Jacket. The scene shows how a lack of thought and self-control (one recruit stealing a jelly donut from the mess hall) leads to damaging outcomes for an entire platoon of marine recruits. In the same way, short-sighted and destructive energy policies coming from a small group of self-focused ideologues in DC and various state capitals are having profound negative effects on American taxpayers and electricity users (read: the rest of the country).
In honor of Earth Day, we are posting Alex Epstein’s latest video, “Why You Should Love Fossil Fuels.” As Alex quite rightly notes, the widespread use of fossil fuels has actually allowed us to make our environment cleaner and healthier.
This post is a little late, but it is still well worth sharing. Thanks to Dale Jr. and his sister Kelley for taking the time to recognize the important role that women play in America’s energy industry.
Editor’s note: this article from University of Guelph Professor of Economics, Ross McKitrick points out the flawed reasoning behind the concept of “Earth Hour,” where people around the planet are supposed to turn out their lights and stop using energy and electricity for an hour at a specific time each year. Earth Hour organizers claim that having people stop using energy in this fashion will help “take a first step toward changing climate change.” However, as Professor McKitrick quite rightly argues, Earth Hour celebrates an anti-human, backward, and regressive notion that humanity would be better off if it used less electricity. In reality, it is abundant and affordable electricity that has brought billions of people up and out of poverty, reduced sickness, and saved multiple billions of lives.