Sign in to follow this  
Followers 0
zybathegeek

Obama's Cap and Trade agenda is about to decimate the Coal Industry, cost you money and prejudice an ailing economy

Rate this topic

10 posts in this topic

In a recent thread here there was talk that Obama's cap and trade ideology was dead and buried, it was patently wrong.

 

What I object to most is not only the lack of promised transparency on the part of the Obama administration, but the seeming inability to construct a plan that would structure an orderly and economic transition from coal based energy generation to exactly what technology?

 

This article sums it up...

 

Obama EPA enacts cap-and-trade agenda

In its latest move to drive up the cost of energy to consumers, businesses, and manufacturers, the Obama EPA March 27 issued a final CO2 cap on emissions from electric utilities. EPA’s action will effectively ban the construction of new coal-fired power plants and likely cause rolling blackouts.

by Bonner Cohen, Ph. D.

 

In its latest move to drive up the cost of energy to consumers, businesses, and manufacturers, the Obama EPA March 27 issued a final rule regulating greenhouse-gas emissions from electric utilities. EPA’s action will effectively ban the construction of new coal-fired power plants.

 

Under the rule, no new power plant will be allowed to emit more than 1,000 pounds of carbon dioxide per megawatt of electricity produced. On average, U.S. coal plants emit 1,768 pounds of CO2 per megawatt of electricity. The rule requires future plants to use as yet non-existent carbon capture and control technologies to cut their emissions to the new standard. With no technology available to bring down CO2 emissions to the new standard, EPA, in the name of combating climate change, is effectively telling the coal industry, which produces 55 percent of our nation’s electricity, that its days are numbered.

 

The new rule exempts plants that are either under construction or in the permitting process. Existing coal plants have been under relentless regulatory assault by the Obama EPA, which has subjected them to stringent mercury emissions standards and cross-state pollution rules. As a result, about 13 percent of existing coal-fired power plants are expected to shut down in the near future.

 

While natural gas from America’s energy-rich shale formations will be able to fill some of the void created by EPA’s war on coal, families and businesses in the coal-dependent heartland of America are facing the real possibility of rolling blackouts in the coming years, as coal plants shut down before natural gas can come on line to take coal’s place. In these circumstances, dramatically higher electricity prices, particularly in the Midwest, are unavoidable.

 

Supported by its allies in the environmental movement, EPA justifies its actions by pointing to the alleged, but completely unproven, relationship between greenhouse-gas emissions and “climate change,” formerly known as global warming. To that end, the Obama administration vigorously supported passage of cap-and-trade legislation in Congress. But Congress refused to go along, so the White House circumvented the legislative process in favor of having EPA impose carbon emissions administratively. Luke Popovich, a spokesman for the National Mining Association, put it this way to the Washington Post (March 27): “After Congress refused to pass carbon caps, the administration insisted there were other ways to skin the cat, and this is another way – by setting a standard deliberately calculated to drive affordable coal out of the electricity market.”

 

Senator James Inhofe (R-Oklahoma), ranking member of the Senate Environment & Public Works Committee, condemned EPA’s move in the sharpest terms. “It’s hard to imagine that the Obama EPA is announcing a massive energy tax today on Americans at a time when they are already reeling from skyrocketing gas prices,” he said in a statement. “So much for President Obama’s claims to be for an 'all-of-the-above’ approach – these regulations are designed specifically to kill coal in American electricity generation, which will significantly raise energy prices on American families. This plan is the most devastating installment of the Obama administration’s war on affordable energy: it achieves their cap-and-trade agenda through regulation instead of legislation.”

 

 

 

 

Share this post


Link to post
Share on other sites

No surprise.

 

President Obama has forcefully stated his desire and intention to bankrupt the coal indutry and put it out of business.

 

Nothing that another windmill or a couple of solar panels can't fix. :dismay:

Share this post


Link to post
Share on other sites

We can't get this guy out of office fast enough.

For the folks that think the President has little to do with how the economy is performing, this is why that thinking is flawed.

 

I can't wait to see who defends this by saying Republicans want dirty air.

Share this post


Link to post
Share on other sites
We can't get this guy out of office fast enough.

For the folks that think the President has little to do with how the economy is performing, this is why that thinking is flawed.

I can't wait to see who defends this by saying Republicans want dirty air.

 

The reams of column inches about racist whites murdering blacks is yet another sideshow for what is really happening around us.

 

Bread and circuses anyone?

 

 

 

Share this post


Link to post
Share on other sites

The EPA mandated that expanding coal fired power plants install modern stack scrubbers to clean some of the nasties out of the filthy smoke they spew

 

They are no longer required to do that-they can expand the old plants to their heart's content now- and those old plants are quite profitable, make no mistake-the notes are all paid of and soft coal is cheaper than dirt

 

What the hell, penguins already know how to swim, and anybody who is poor enough or stupid enough to live downwind from a power plant deserves to die a slow, painful, premature death

 

The stricter emissions standards apply only to those plants still on the drawing board or over a year out from breaking ground

 

What the hell is the matter with that?

 

It's not like the administration recently woke up in the morning and decided that coal plants were dirty

 

 

So now a victory for the power companies and a qualified victory for common sense down the road is now a "cap and trade" issue

 

Whoever wrote that article should do a little research on status quo ante-the requirement to clean stack emissions that was recently waived by the Obama

 

administration has literally been on the books for decades

 

Not that the power companies ever went meekly along with it- they always filed for a waiver when they expanded plant capacity

 

 

If anybody's kids or grand kids end up with minimata disease from sucking in mercury fumes, then you'd whine that they aren't doing enough to stop mercury pollution

Share this post


Link to post
Share on other sites

it's actually President Reagan's cap and trade agenda, furthered by Bush I in his Clear Air Act and further supported by Pres GWB in his Clear Skies amendment to his dad's Act. All of the most conservative Congressmen in office signed off on it. Energy companies were all for it. heck, it bought them another 20-30 years too kick the can down the road LOL!

Share this post


Link to post
Share on other sites


The EPA cant do much right in my opinion. They did it to the trucking industry. Regen systems, diesel particulate fluid, blah blah blah. I'm all for clean air and while I'm in the truck abide by the regs but when the exhaust that is coming out of my truck is cleaner than the air going in(LA) I don't think the problem is the truck. Coal and coal by products are dirty and dangerous but can be burned and mined in better ways. I do not agree with the way they're going about it at all but will agree more needs to be done in that dept. I think more would get done in the clean air acts if they just enforced the regs on the big chemical producers that already exist. Make it so the fine is not cheaper than the retrofit for blatant pollution violations. That all I had to say.


Share this post


Link to post
Share on other sites
it's actually President Reagan's cap and trade agenda, furthered by Bush I in his Clear Air Act and further supported by Pres GWB in his Clear Skies amendment to his dad's Act. All of the most conservative Congressmen in office signed off on it. Energy companies were all for it. heck, it bought them another 20-30 years too kick the can down the road LOL!

 

Shh....

Who has any long-term memory left...

 

Reagan also supported biofuels (algae) as well...

Share this post


Link to post
Share on other sites

The EPA cant do much right in my opinion. They did it to the trucking industry. Regen systems, diesel particulate fluid, blah blah blah. I'm all for clean air and while I'm in the truck abide by the regs but when the exhaust that is coming out of my truck is cleaner than the air going in(LA) I don't think the problem is the truck. Coal and coal by products are dirty and dangerous but can be burned and mined in better ways. I do not agree with the way they're going about it at all but will agree more needs to be done in that dept. I think more would get done in the clean air acts if they just enforced the regs on the big chemical producers that already exist. Make it so the fine is not cheaper than the retrofit for blatant pollution violations. That all I had to say.

 

Not to mention that the technology exists to turn coal into clean diesel. The Germans mastered it, and the South Africans perfected it.

 

The high irony here, is that China will be all too happy to buy all the surplus coal that we have. (The rebuilt Panama Canal will allow coal to be shipped cheaply via huge transport vessels. ) The net CO2 decrease will be ZERO. :dismay:

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to register here in order to participate.

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0

  • Recently Browsing   0 members

    No registered users viewing this page.