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Obama’s war on coal hits your electric bill

Posted By admin On May 23, 2012 @ 3:06 am In Featured Stories,Money Watch | Comments Disabled

Phil Kerpen
Fox News [1]
May 23, 2012

Obama’s War on Coal has already taken a remarkable toll on coal-fired power plants in America.

Last week the U.S. Energy Information Administration reported a shocking drop in power sector coal consumption in the first quarter of 2012. Coal-fired power plants are now generating just 36 percent of U.S. electricity, versus 44.6 percent just one year ago.

It’s the result of an unprecedented regulatory assault on coal that will leave us all much poorer.

Last week PJM Interconnection, the company that operates the electric grid for 13 states (Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia) held its 2015 capacity auction. These are the first real, market prices that take Obama’s most recent anti-coal regulations into account, and they prove that he is keeping his 2008 campaign promise to make electricity prices “necessarily skyrocket.”

Full article here [1]

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URLs in this post:

[1] Fox News: http://www.foxnews.com/opinion/2012/05/22/obamas-war-on-coal-hits-your-electric-bill/print#ixzz1vdALNXOI

[2] Report: More than 200 coal-fired generators slated for shutdown: http://www.prisonplanet.com/report-more-than-200-coal-fired-generators-slated-for-shutdown.html

[3] Sky-high Electric Bills Courtesy of Obama EPA’s War on Coal: http://www.prisonplanet.com/sky-high-electric-bills-courtesy-of-obama-epa%e2%80%99s-war-on-coal.html

[4] Record number of coal-fired generators to be shut down in 2012: http://www.prisonplanet.com/record-number-of-coal-fired-generators-to-be-shut-down-in-2012.html

[5] Coal Company Closes Eight Mines; Cites Obama’s “Regulatory Regime”: http://www.prisonplanet.com/coal-company-closes-eight-mines-cites-obama%e2%80%99s-%e2%80%9cregulatory-regime%e2%80%9d.html

[6] Obama Infographic Wins His “War on Coal”: http://www.prisonplanet.com/obama-infographic-wins-his-war-on-coal.html

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