Townhall
The
Government Giveth
by Marita Noon
Or,
do they take and then give? It
appears to be a vicious cycle with no beginning or end.
For
the last four years, President
Obama and his EPA have waged a war on coal. Though they deny it, their
regulations have cost thousands of miners their jobs, and hundreds of
coal-fueled power plants are scheduled to be closed within the next few
years.
On January 7, Georgia Power announced that it will “shut down 15 coal
and
oil-fired units, cutting nearly one-sixth of its power grid capacity to
comply
with federal rules aimed at reducing air pollution.” This, the latest
in a
string of plant-closure announcements, will take away nearly 500 jobs.
Over the
next five years, the North American Electric Reliability Corporation
forecasts
closures of plants that currently produce 20 percent of the nation’s
coal-fueled generation..
The
Atlanta-Journal Constitution
report cites the closures come “after the utility and parent Southern
Co. spent
years unsuccessfully fighting the regulations.” The regulatory hit to
the coal
industry is tough to deny: “Currently, the amount of coal that Georgia
Power
uses to produce electricity stands at 47 percent, down from 70 percent
five
years ago.”
The
government has taken away...
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