This so-called "war on energy" by the Obama administration is replacing cheaper energy with much more costly forms. From the Daily Caller:
“This is further evidence that EPA is waging a war on coal, and a war on affordable electricity prices and jobs. EPA continues to ignore the damage that its new regulations are causing to the U.S. economy and to states that depend on coal for jobs and affordable electricity,” said Mike Duncan, president and CEO of ACCCE, in a statement.
However, ACCCE notes that EPA policies may have played a role more than 4,800 megawatts of announced closures not included on in their report which would bring total shutdowns to 241 coal generator in 30 states — more than 36,000 MW of electric generation or 11 percent of the U.S. coal fleet.
The most affected states include Ohio, Pennsylvania, West Virginia, Virginia, and North Carolina, which will see a combined 103 coal-fired generators shut down. . . .
Labels: Obamaantibusiness, Regulation