ScreamingEagle
Gold Member
- Jul 5, 2004
- 13,399
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you all ready for Obama's skyrocketing utility bills.....?
So much for the denials. An administration that denied it was waging a War on Coal has now come out and publicly declared its intention to shut down coal-fired power plants - putting hundreds of thousands of Americans out of work and sending electricity prices skyrocketing.
Obama claims he can do it all with no say from our elected representatives in Congress, but his designated point person for the effort, Gina McCarthy, awaits Senate confirmation. Given what we know now, a vote for McCarthy can only be understood as a vote for Obama's very expensive and destructive agenda.
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Coal still produces 37 percent of U.S. electricity. A Heritage Foundation analysis found that implementing Obama's proposed regulation on existing coal plants would
---destroy more than 500,000 jobs,
---slash the income of a typical family of four more than $1,400 a year, and
---increase electricity prices at least 20 percent.
Price spikes could be much higher in states that depend heavily on coal-fired power plants. President Obama once famously explained that he intended to make electricity prices "necessarily skyrocket."
Obama's War on Coal Goes to the Senate Floor - Phil Kerpen - Page 1
Here's what Chris Hope (an ardent supporter of the War on Coal) says we've bought for the all the pain and suffering:
In the year 2100 the world might be 0.02°C cooler.
Two hundredths of a degree in a century. Maybe. That's the prize.
Read more: Blog: The miniscule upside
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