“Of course, increasing energy costs drives up the price of literally all goods and services, in addition to destroying jobs, so this only scratches the surface. What we are witnessing is the deliberate lowering of the American standard of living out of ideologically motivated malice by executive fiat.
The highest price of all won’t come in terms of dollars, but will be paid in something more precious still: liberty. Obama and other extremists in the government tried to impose this regulation through legislative means but failed. So Congress was shoved aside; the rules are to be imposed by unelected and unaccountable EPA bureaucrats. The division of powers established by the Constitution is collapsing because Congress evidently does not have the character to defend its domain from usurpation by the executive branch.”
Dave Blount on Obama’s killing coal directives
How many more times does Obama need to shit on the U.S. Constitution, ignore Congressional and Judicial requirements, and cover-up his administrations crimes before someone with balls will step forward and start impeachment proceedings. Obama is a dangerous sociopathic tyrant who needs to be removed from office before he destroys what remains of this country.
Obama and his extremist sycophant followers do not care about making your life better. They know their rules, regulations, laws, and procedures will not actually do anything to save the planet. They want control over your lives at any cost. Their control freak initiatives are designed to provide government with complete control over every thing you do. Destroying the coal powered plants that currently provide 40% of our electricity, with no legitimate alternative, will have one and only one impact – driving the price of electricity higher. These communists dropped out of economics class in college to take classes in community organizing. The law of supply and demand is inconsequential to ideologues with an agenda of complete control.
The EPA’s own regulatory analysis of its rule to cut carbon dioxide emissions from existing power plants says it will hike retail electricity by as much as 6.5% by 2020 — all while forcing 19% of the U.S. coal-fired capacity to shutdown and decreasing coal production by up to 28%. “Under the provisions of this rule, EPA projects that approximately 46 to 49 GW of additional coal-fired generation (about 19% of all coal-fired capacity and 4.6% of total generation capacity in 2020) may be removed from operation by 2020,” the EPA says in its regulatory impact analysis of the Obama administration’s Clean Power Plan. The decrease in coal-fired power will also cause natural gas prices to rise up to 11.5% as an additional 1.2 trillion cubic feet of natural gas is used to make up for the lack of coal power in 2020. And this is information from the government drones who think this is a great idea. The true impact will be ten times worse.
But the U.S. Chamber of Commerce reported that EPA’s power plant rule would increase peoples’ energy costs by $17 billion per year. In total, the EPA rule would cost the U.S. economy $50 billion annually and kill 224,000 jobs per year. Previous EPA regulations have already set the stage for skyrocketing electricity prices. The Mercury Air Toxics Standard (MATS), which comes in full effect in 2016, has already been predicted to force many coal plants to shut down and help drive up electricity costs.
These rules and regulations will add an average of $145 annually to all 117 million household electricity bills in the United States. The U.S. Energy Information Administration (EIA) says closing coal plants will drive up natural gas prices by 150% over 2012 levels by 2040, this cost rise will cause electricity prices to jump seven percent by 2025 and 22% by 2040. Obama and his minions are hanging their hats on the shale gas storyline of hundreds of years of natural gas. The entire storyline is a sham. The propaganda is false. Killing coal will drive the price of natural gas sky high and create shortages, blackouts, and misery for the American people.
Senator Thune has it right:
“Make no mistake, the administration’s proposed rule is nothing more than a national energy tax that will be yet another sucker punch to middle-class families struggling to get by in the Obama economy. These regulations, which will increase electricity costs, will especially hurt low-income families and seniors who live on fixed incomes and already devote a large share of their income to electricity bills. In addition to hurting families, the regulations will destroy jobs, while essentially doing nothing to improve our global environment. The president’s proposed regulations are lose-lose-lose.”
Everything Obama supports is designed to take money out of your pocket and put it into the hands of government drones who think they know how to spend your money better than you. While Obama destroys our energy delivery system and further impoverishes senior citizens and the poor, the government grows ever more powerful and infiltrates every crevice of our lives. Our liberties, freedoms, and right to live our own lives is stripped away.
As Obama and his apparatchiks destroy our economy in the name of saving the planet and providing “free” healthcare for the masses, China and India bring 4 coal powered electricity plants online every week.
Global demand for coal is expected to grow to 8.9 billion tons by 2016 from 7.9 billion tons this year. China is expected to add about 160 new coal-fired plants to the 620 operating now, within four years. During that period, India will add more than 46 plants. The U.S. has the largest supply of coal on the planet and we will be shutting plants as China and India build them. How exactly is the planet benefiting from this?
Lastly, do you find it interesting that the regions with the least economic impact from Obama’s regulations are areas controlled by Democrats and those impacted the most are controlled by Republicans? I’m sure it’s just a coincidence. Obama wouldn’t play politics with our energy.