Tag Archives for EPA
Institute for Energy Research: “Power Plant Rule Fails Administration’s Own Cost/Benefit Test”
The Obama Administration has released its 645-page proposal that mandates existing U.S. power plants reduce their greenhouse gas emissions 30 percent below 2005 levels by the year 2030. Experts knew that such a rule was coming, and last week the U.S. Chamber of Commerce released a study outlining the huge costs such a measure would pose on the U.S. economy—including an average of $50 billion in forfeited GDP every year through 2030.
As if the MATs rule’s $10 billion+ annual price tag wasn’t enough, the US Chamber of Commerce has just released a study forecasting a further $50 billion per year in costs as a result of the EPA’s planned GHG rule for existing coal plants.
The (Intitute for 21st Century Energy)’s report concludes that the forthcoming regulations could diminish the nation’s coal-fired energy capabilities by a third, as plants unable to meet the new standards shutter. Coal currently represents roughly 40 percent of the country’s energy production, and is a major part of the employment picture in many states, including West Virginia, Kentucky, Wyoming and Pennsylvania.
To steal a partially-edited line from Vice President Biden, “this is a big freaking* deal”. (*This is a family-friendly blog.)
Of course you’re going to ask, “What’s such a big deal???”
Well, seven Democratic Senators sent a letter to President Obama yesterday (May 21st), pleading with him to rethink his administration’s regulatory attacks on the coal industry. These seven senators broke through party lines to express their “deep concerns” over the EPA’s CO2 regulations and to politely confront the President with some basic facts about coal. In their letter, they described the value of coal to our country and economy,
Via Power magazine
Final rules governing cooling water intake structures at 544 U.S. power plants by the Environmental Protection Agency (EPA) today furnish facilities with lower cost compliance options than initially proposed to reduce fish impingement.
The final rule issued under Section 316(b) of the Clean Water Act applies to facilities that each withdraw at least two million gallons per day of cooling water. The national requirements, which will be implemented through National Pollutant Discharge Elimination System (NPDES) permits “puts implementation analysis in the hands of the permit writers so requirements can be tailored to the particular facility,” the EPA said today.
But as the ad in the May 15, 2014 USA Today noted, there’s nothing funny about it. Click on the graphic below to read the full ad.
Remember that these are the people who are regulating the coal industry to death. It’s time for some of these people to face charges and for the rest of us to start asking, “just what exactly is going on over there”?
Steve Goreham’s recent article on theHill.com will be an eye-opener for those not familiar with the pressures being placed on our electrical grid.
Last winter, bitterly cold weather placed massive stress on the U.S. electrical system―and the system almost broke. On January 7 in the midst of the polar vortex, PJM Interconnection, the Regional Transmission Organization serving the heart of America from New Jersey to Illinois, experienced a new all-time peak winter load of almost 142,000 megawatts.
Christopher Horner pulls no punches in his characterization of the EPA and the war on coal.
If you wonder why the coal industry–and our entire economy–is lagging right now, one of the chief reasons is the cost for business to comply with federal regulations.
This post by the US Chamber of Commerce is an eye opener. Working in the coal industry gives you a good idea of just how onerous regulation can be, but the coal industry’s troubles are just the tip of the iceberg.
Feel overregulated? You should be:
- In 2013, compliance and economic impact of federal regulations added up to $1.863 trillion.
- Since 1993, a new final regulation has been issues by the federal government every nine days on average.
Leaked Sierra Club documents reveal the “green” group’s plans for their massive multi-million dollar “Beyond Coal” campaign. The confidential document shows that the group planned to spend $150 million dollars just attacking coal jobs and forcing energy prices higher.
“…we will run a strategic national campaign that pushes and supports EPA to issue a series of new pollution-cutting rules relating to each step in the coal lifecycle, including coal mining, coal burning, and disposal of coal ash.”