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According to the Wall Street Journal, the Environmental Protection Agency will propose new rules next week banning the construction of new coal power plants in the United States that do not meet expensive new and ridiculous efficiency standards. The new standards will force power plants underground, literally.
The Obama administration plans to block the construction of new coal-fired power plants unless they are built with novel and expensive technology to capture greenhouse-gas emissions, according to people familiar with a draft proposal.
The administration's rule on emissions from new power plants, a long-awaited measure that is one of the capstones of the administration's climate-change agenda, is set to be formally proposed by the end of next week. While the new rule isn't final yet and is likely to face a legal challenge, it would be another blow to a coal industry already buffeted by a bonanza of cheap natural gas and increasing regulation.
Obama and the EPA have both run amok. And neither will stop until an entire industry is destroyed and tens of thousands put out of work.
On the flip side... I just now came across this.
Don?t Believe the Coal Industry?s Warnings - Bloomberg
The coal industry is warning that proposed federal regulations on new coal-fired power plants will effectively ban their construction. To which there are at least three rational responses: First, what new plants? Second, probably not forever. Third, that might not be a bad thing.
On Sept. 20, the Environmental Protection Agency is scheduled to release a proposed rule that would cap the amount of carbon dioxide new power plants can emit. To meet that limit -- said to be lower than what existing generators emit -- new coal plants would probably need to be outfitted with equipment to capture and store a portion of the carbon they produce
Some coal and power companies claim such technology “is not commercially available at this time,” as the Electric Reliability Coordinating Council, an industry group, put it. That may come as a surprise to the companies that are using it, including Southern Co. (SO), whose new coal plant in Mississippi will capture carbon. Engineers have been able to catch, transfer and hold carbon for decades.
Read more at link.
"Most of the people I know in the electric power industry are building natural gas" plants, said Jay Apt, a professor of technology at Carnegie Mellon University in Pittsburgh. That's because of low prices over the last few years and the relatively low cost of building such plants, compared with coal-fired or nuclear.
Good thinking. Let's ban new coal-powered electrical plants without having a replacement source of power generation available. See Americans' electric bills skyrocket and more strain put on America's obselete power grid.
Under the Obozo Administration, the EPA has become power-hungry to the point where it's terrifiying. They have seriously damaged the coal industry, endangering hundreds of thousands of jobs in America's Coal Country states (most of whom, ironically, voted for Obozo twice).
The EPA needs to be reined in by Congress, making it so they cannot unilaterially create such industry-crippling rules and regulations.
Obama and the EPA have both run amok. And neither will stop until an entire industry is destroyed and tens of thousands put out of work.
On the flip side... I just now came across this.
Don?t Believe the Coal Industry?s Warnings - Bloomberg
The coal industry is warning that proposed federal regulations on new coal-fired power plants will effectively ban their construction. To which there are at least three rational responses: First, what new plants? Second, probably not forever. Third, that might not be a bad thing.
On Sept. 20, the Environmental Protection Agency is scheduled to release a proposed rule that would cap the amount of carbon dioxide new power plants can emit. To meet that limit -- said to be lower than what existing generators emit -- new coal plants would probably need to be outfitted with equipment to capture and store a portion of the carbon they produce
Some coal and power companies claim such technology is not commercially available at this time, as the Electric Reliability Coordinating Council, an industry group, put it. That may come as a surprise to the companies that are using it, including Southern Co. (SO), whose new coal plant in Mississippi will capture carbon. Engineers have been able to catch, transfer and hold carbon for decades.
Read more at link.
I'm sure it's available, but in this economy we or they can't afford this right now...Especially we can't afford to have our electric bills " skyrocket"...we are already being killed with gas prices that is causing the price of food to skyrocket, etc etc making it for some to barley scrape by
It's because of all the black people that work there
It's because of all the black people that work there
At least they LOOK black.
Obama and the EPA have both run amok. And neither will stop until an entire industry is destroyed and tens of thousands put out of work.
On the flip side... I just now came across this.
Don?t Believe the Coal Industry?s Warnings - Bloomberg
The coal industry is warning that proposed federal regulations on new coal-fired power plants will effectively ban their construction. To which there are at least three rational responses: First, what new plants? Second, probably not forever. Third, that might not be a bad thing.
On Sept. 20, the Environmental Protection Agency is scheduled to release a proposed rule that would cap the amount of carbon dioxide new power plants can emit. To meet that limit -- said to be lower than what existing generators emit -- new coal plants would probably need to be outfitted with equipment to capture and store a portion of the carbon they produce
Some coal and power companies claim such technology is not commercially available at this time, as the Electric Reliability Coordinating Council, an industry group, put it. That may come as a surprise to the companies that are using it, including Southern Co. (SO), whose new coal plant in Mississippi will capture carbon. Engineers have been able to catch, transfer and hold carbon for decades.
Read more at link.
I'm sure it's available, but in this economy we or they can't afford this right now...Especially we can't afford to have our electric bills " skyrocket"...we are already being killed with gas prices that is causing the price of food to skyrocket, etc etc making it for some to barley scrape by
The government can afford to accelerate research into "clean" coal tech, but Obama chooses to not do so. Instead he throws our money at failed solar energy projects.
Where is this bitch's "all of the above" promise?
So the clean-coal subsidies are unlikely to pay off regardless of what kind of policy we pursue, be it a CO2 tax, cap and trade, or emissions or technology standards for power plants. Cheaper is cheaper. Its amazing how often people fail to grasp principles of competitive advantage.
