August 29, 2011
Obama's EPA likely to proceed with new rules that will shut down 8% of all US power generationTopics: Political News and commentaries
In yet another move by Team Obama to target the American people with his ideologically-driven, job-killing, agenda by bureaucratic mandate an/or judicial fiat, the EPA intends to push new rules on 26 states that will kill thousands of jobs, cost billions of dollars and increase electricity rates for every family. Not only will the New EPA rules force Western coal-fired power plants to install haze-reducing pollution-control equipment at a cost of $1.6 billion a year, several other electric plants will be forced to close their doors (H/t - Jim Hoft):
Obama has the power to delay new rules that will shut down 8% of all U.S. power generation.Read more here.
Since everyone has a suggestion or three about what President Obama can do to get the economy cooking again, here's one of ours: Immediately suspend the Environmental Protection Agency's bid to reorganize the U.S. electricity industry, and impose a moratorium on EPA rules at least until hiring and investment rebound for an extended period.
The EPA is currently pushing an unprecedented rewrite of air-pollution rules in an attempt to shut down a large portion of the coal-fired power fleet. Though these regulations are among the most expensive in the agency's history, none were demanded by the late Pelosi Congress. They're all the result of purely bureaucratic discretion under the Clean Air Act, last revised in 1990.
As it happens, those 1990 amendments contain an overlooked proviso that would let Mr. Obama overrule EPA Administrator Lisa Jackson's agenda. With an executive order, he could exempt all power plants "from compliance with any standard or limitation" for two years, or even longer using rolling two-year periods. All he has to declare is "that the technology to implement such standard is not available and that it is in the national security interests of the United States to do so."
Both criteria are easily met. Most important, the EPA's regulatory cascade is a clear and present danger to the reliability and stability of the U.S. power system and grid. The spree affects plants that provide 40% of U.S. baseload capacity in the U.S., and almost half of U.S. net generation. The Federal Energy Regulatory Commission, or FERC, which is charged with ensuring the integrity of the power supply, reported this month in a letter to the Senate that 81 gigawatts of generating capacity is "very likely" or "likely" to be subtracted by 2018 amid coal plant retirements and downgrades.
That's about 8% of all U.S. generating capacity. Merely losing 56 gigawatts -- a midrange scenario in line with FERC and industry estimates -- is the equivalent of wiping out all power generation for Florida and Mississippi.
As the article points out, this will mean blackouts and rolling brownouts, as well as spiking rates for consumers throughout the country. If a foreign power or terrorists wiped out 8% of U.S. capacity, such as through a cyber attack, it would rightly be considered an act of war. The EPA is in effect undermining the national security concept of "critical infrastructure" -- assets essential to the functioning of society and the economy that Mr. Obama has an obligation to protect.
Our take home question(s) here: Could it not be said then that, given the above, Barack Obama is effectively making war on the American people? Or, on the other hand, is this just more of Team Obama's "fundamentally transforming America" into a debt-ridden, jobless, third-world nanny state in which its citizens are ridden by Obama-induced stagflation and his never-ending caveats and pay-backs to radical environmentalists and union bosses?
Posted by Hyscience at August 29, 2011 10:17 AM
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