Not content with pending rules that virtually bar construction of new
coal-fired power plants, President Obama directed the U.S.
Environ-mental Protection Agency to set limits on how much carbon
dioxide the nation's existing electric power plants may emit.
The implications for the American coal industry, coal-fired utilities, and business and residential power customers are enormous.
The Natural Resources Defense Council estimated it would cost utilities $4 billion to comply with new regulations on coal power plants, but the economy would see from $25 to $60 billion in benefits.
This, plainly put, is a crock, and the story behind it is one of dishonest government that should be curbed.
http://www.dailymail.com/Opinion/Editorials/201306300012
The implications for the American coal industry, coal-fired utilities, and business and residential power customers are enormous.
The Natural Resources Defense Council estimated it would cost utilities $4 billion to comply with new regulations on coal power plants, but the economy would see from $25 to $60 billion in benefits.
This, plainly put, is a crock, and the story behind it is one of dishonest government that should be curbed.
http://www.dailymail.com/Opinion/Editorials/201306300012
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