Lawmakers on both sides of the partisan aisle say Obama administration environmental regulations aimed at cutting greenhouse gas emissionsare poised to hit jobs and consumers harder than the Keystone XL decision at the same time the president seems to have abandoned his stated support for the coal industry and clean-coal technology. – Washington Times

 

By Susan Crabtree – The Washington Times

EXCERPTS:

“These rules, the most expensive in EPA history, stand to cost 180,000 American jobs per year and would force the premature retirement of 12 percent of America’s coal-fired energy generation,” he said.

 

“Affordable, reliable electricity is critical to keeping and growing jobs in the United States, and such a standard will likely drive up energy prices and threaten domestic jobs,” they wrote. “Forcing a transition to commercially unproven technologies could send thousands of jobs overseas and raise electricity rates on families and seniors at a time when the nation can least afford it.”

 

GenOn Energy Inc., the third-largest U.S. independent power producer by market value, last week said it expects to shut about 13 percent of its generating capacity by May 2015, including facilities in Pennsylvania, Ohio and New Jersey, because of environmental regulations.

FULL ARTICLE

Help Make A Difference By Sharing These Articles On Facebook, Twitter And Elsewhere:

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
•