Townhall
EPA
to De Facto Ban All Construction of New Coal Power Plants
by
Katie Pavlich
Sep
12, 2013
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.
The
person and others briefed on the rule said such stringent limits
would ban new coal plants, which generally release about twice as
much carbon dioxide as the proposed limits. Even the newest, most
advanced coal-fired power plants in the world would fall far short of
that revised standard, they said.
The
only way coal plants could comply is to capture carbon-dioxide
emissions and stick them underground—a costly process that hasn't
been demonstrated at commercial scale before.
"This
shows the administration discounts and does not appreciate the value
of coal and how it can serve the country. You're impairing the
backbone of the power grid," said Hal Quinn, chief executive of
the National Mining Association, an industry trade group.
And
of course, this hurts the middle class and poor people the most not
only through an increase in utility costs but through job losses...
Read
the rest of the article at Townhall
|