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EPA Shuts down 50 coal plants

Discussion in 'Politics, Elections & Legislation' started by BIGDON, Sep 22, 2011.

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  1. BIGDON

    BIGDON Well-Known Member

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    Saw on the news this morning that the EPA shut down 50 coal fired plants today. Due to new EPA Obama regulations. This ought to really help his jobs numbers. By the time all the job losses trickle down it should be a nice number.

    This doesn't hit major networks, isn't that amazing, must not be important.

    Don
     
  2. hmb

    hmb Well-Known Member

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    It hit the stock market, down over 400 points. HMB
     
  3. Stl Flyn

    Stl Flyn Well-Known Member

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    So when the stock market goes back up 400 points tomorrow, it will be because of Bush, right.
     
  4. Joe Potosky

    Joe Potosky Well-Known Member

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    I cannot find a related article to confirm (google search)?

    However.....

    New Analysis Shows Economic Damage Caused by EPA Regulations

    TRAIN Act Will Ensure Economic Consequences of EPA Rules are Analyzed

    ALEXANDRIA, Va., Sep 22, 2011 (BUSINESS WIRE) --

    As the U.S. House of Representatives prepares to vote on the TRAIN Act, the American Coalition for Clean Coal Electricity, today, released a comprehensive analysis conducted by National Economic Research Associates (NERA) showing that several of EPA's new and proposed regulations would lead to 183,000 lost jobs per year and significant increases in the price of electricity and natural gas.

    "America's coal-fueled electric industry has invested nearly $100 billion, so far, to achieve impressive reductions in air pollution. Now is the wrong time for EPA to blindly push ahead without even pausing long enough to understand how all of these rules could hurt American jobs and consumers," said Steve Miller, president and CEO of ACCCE.

    The analysis, done on behalf of ACCCE by NERA, relies on state-of-the-art modeling tools, as well as government data for almost all of its assumptions. NERA's analysis projects that EPA's Cross-State Air Pollution Rule and proposed Maximum Achievable Control Technology, coal combustion residuals, and cooling water intake requirements for power plants would, over the 2012-2020 period:

    -- Cost the power industry $21 billion per year;

    -- Cause an average loss of 183,000 jobs per year;

    -- Increase electricity costs by double digits in many regions of the U.S.;

    -- Cost consumers over $50 billion more for natural gas; and

    -- Reduce the disposable income of the average American family by $270 a year.

    "EPA is moving much too quickly to adopt several of the most expensive regulations ever written for coal-fueled power plants without understanding or explaining all of the harm they will do to our struggling economy," said Miller. "EPA has failed to analyze the full impact of its own rules. The TRAIN Act is a common-sense bill that requires EPA to slow down and explain the full impacts of all these regulations on jobs and energy costs."

    Miller also added, "We expect that the TRAIN Act will be amended by the House of Representatives to include more protections for consumers and jobs, and ACCCE will support reasonable amendments to the legislation."

    Thanks to investments made in clean coal technology, emissions of major air pollutants from coal-fueled power plants have been reduced by 84 percent per kilowatt-hour of electricity.

    The Transparency in Regulatory Analysis of Impacts of the Nation Act of 2011, or the TRAIN Act, would set up a government-wide committee to analyze the cumulative impacts -- such as energy price increases and job losses -- of a host of major new EPA regulations. In addition, the bill would delay two of the most expensive rules to give power plants enough time to comply with new rules, as well as providing guidance to EPA in writing the final version of the two rules.

    A copy of NERA's full report is available on the ACCCE website at: http://www.americaspower.org/sites/default/files/NERA_Four_Rule_Report_Sept_21.pdf

    About ACCCE

    The American Coalition for Clean Coal Electricity (ACCCE) is a non-profit, non-partisan partnership of companies involved in producing electricity from coal. Because coal is America's most abundant energy resource, ACCCE supports energy policies that balance coal's vital role in meeting our country's growing need for affordable and reliable electricity with the need to protect the environment. ACCCE also advocates for the development and deployment of advanced clean coal technologies that will produce electricity with near-zero emissions. For more information, visit www.cleancoalusa.org or www.americaspower.org .

    SOURCE: American Coalition for Clean Coal Electricity

    http://www.marketwatch.com/story/new-analysis-shows-economic-damage-caused-by-epa-regulations-2011-09-22
     
  5. Setterman

    Setterman Well-Known Member

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    This is getting rediculous. It's called "self destruction".
     
  6. shannon391

    shannon391 Active Member

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    Hope and Change...The clown should be impeached, he has a radical agenda, if he gets another term it will get ugly.
     
  7. John Galt

    John Galt TS Member

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    We don't need no stinkin electricity!
     
  8. timberfaller

    timberfaller Well-Known Member

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    That's right John,

    We have computer's now!
     
  9. Rick Barker

    Rick Barker Well-Known Member

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    This was a major goal of Obama prior to his election.


    He spoke of it on many occasions, as Cap and Trade.


    When he failed to get it passed through Congress, he turned loose the EPA dogs.


    So my question is what is going to happen after people start experiencing blackouts and the Ruling Class Crowd cannot charge up their Chevy Volts?
     
  10. mrskeet410

    mrskeet410 TS Member

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    Bigdon - Please cite a source.
     
  11. Setterman

    Setterman Well-Known Member

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    mrskeet410, all you want to do is stir crap. Find it yourself, or dispute the thread with facts. Looks like you surf the net all day for this stuff....should be a piece of cake!
     
  12. torqueman

    torqueman Member

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    BIG OIL AT WORK. NOw they will burn oil instead ! The price of the barrel keeps going down but the price at the pump does not !
     
  13. Rick Barker

    Rick Barker Well-Known Member

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    Here are some links to various stories regarding power companies saying they will have to close their coal burning plants, because they cannot comply with the new regs. Some 45% of our electic power comes from coal burning plants.

    http://thenewamerican.com/tech-mainmenu-30/environment/8700-epa-regulations-to-shut-down-coal-plants-and-raise-energy-prices

    http://lonelyconservative.com/2011/06/epa-regulation-closes-5-coal-plants/

    http://nation.foxnews.com/epa/2011/08/02/epa-regs-close-10-coal-plants-michigan

    http://fuelfix.com/blog/2011/09/12/luminant-sues-epa-says-two-coal-plants-will-close/

    http://www.youtube.com/watch?v=0_Mike-Xs1M
     
  14. daddiooo

    daddiooo TS Supporters TS Supporters

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    RICK,

    You're making it wwwaaayyy too easy for the illiterate trolls to get info. Luckily those links don't have many pictures so no harm done.

    Dave
     
  15. Rick Barker

    Rick Barker Well-Known Member

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    I believe an informed public, even when they don't think clearly, is best for our country.
     
  16. W.P.T.

    W.P.T. TS Member

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    They love Obama in China, he has created more jobs over there than he has in the United States where he has created his job act ... Think about it, a guy has a plan to create jobs yet he has never had one, but loves vacations at the tax payers expense ... WPT ... (YAC) ...
     
  17. BigBadBob

    BigBadBob TS Member

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    torqueman,

    Filled up my Chevy Siverado this morning in St.Louis region for $2.929. The first of the week it was $3.059. That is a drop of 13 cents in 5 days here. I won't be surprised if it's not back up to $3.25 tonight on the way home though.
     
  18. mrskeet410

    mrskeet410 TS Member

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    They have three years to close those plants. Three years is plenty of time to replace them with windmills. Wind is free. Electric rates should go down. And we can sell that coal to China.
     
  19. Rick Barker

    Rick Barker Well-Known Member

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    Windmills?

    Brahahahahahahaha


    What do you do when the wind stops blowing? There are no mass storage fields in place.

    How will electricity prices go down? The power plant has to recoup all those millions spent on the machines, they will not be installed for nothing.

    What about all the birds being killed every day by windmills? How do the green people reconcile that?

    Are you willing to have hundreds of acres of them sitting in front of your home picture window? Ted Kenndedy didn't!
     
  20. TOOLMAKER 251

    TOOLMAKER 251 Active Member

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    Skeet, why should any of them close down to be replaced with windmills? When I grew up in the 50's half the town's homes were heated with coal, the other half with fuel oil. This was typical of all towns in Pa. at that time, according to all the bullshit environmentalists, myself and all the people I grew up with should be suffer from chronic lung disease.
     
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