If you think Obama’s radical Energy Secretary, Dr. Steven Chu was hitting you in the wallet with his goal of $10-a-gallon for gasoline prices – we’re about half the way there - just wait until you hear what his radical environmental activist in charge of the EPA, Lisa Jackson just announced.
First, let’s take a look at a 2008 interview President Change gave where he explained how his cap-and-trade policies to fight non-existent global warming would affect energy prices.
The problem is not technical, and the problem is not sufficient mastery of the legislative intricacies of Washington.
The problem is can you get the American people to say this is really important and force their representatives to do the right thing? That requires mobilizing a citizenry. That requires them understanding what is at stake, and climate change is a great example.
When I was asked earlier about the issue of coal…under my plan of a cap and trade system, electricity rates would necessarily skyrocket…even regardless of what I say about whether coal is good or bad, because I’m capping greenhouse gasses, coal power plants, natural gas…you name it…whatever the plants were, whatever the industry was, they would have to retro-fit their operations.
That will cost money…they will pass that money on to the consumers.
The long-awaited action will sharply limit the emissions allowed from power plants built in the future, but will allow existing coal plants to keep operating for years.
The new rules will essentially make it unviable to build new coal-fired power plants, unless they are fitted with yet-to-be-commercialized carbon-capture technology. The rules would limit the permissible emissions of carbon dioxide and other greenhouse gases to a little more than half of what a typical coal plant emits today, administration officials have said.
Higher prices, lost jobs, and rules that will bankrupt energy companies. That’s how the EPA brings environmental justice to America.
What others had to say:
- EPA Set to Bring the Hammer of Greenhouse-Gas Regulation Down on the Coal Industry – TownHall.com
- EPA Administrator Lisa Jackson Describes ‘Environmental Justice’ Agenda – EPA Abuse
- EPA to kill new coal-fired plants through first-ever greenhouse-gas regulations – HotAir.com
- His Majesty’s no-energy plan grinds ever on – Cold Fury
- Obama’s New Attempt at CAP & TRADE Ready to Triple your Electric Bill – eSurvival