To the editor:
In 2008, Barack Obama said his plan will cause electricity rates to necessarily skyrocket.
Obama's EPA has a rule of radically reducing cO2 emissions to 1,000 pounds per megawatt of electricity, a standard only natural gas meets. This rule would ban new coal-fired power plants. Coal is America's cheapest energy source and the U.S. sits on some of the world's largest coal deposits.
"This move by the EPA can lead to only one conclusion - the Obama administration is trying to end the use of coal as we know it." This will devastate West Virginia and our region by reducing jobs and unnecessarily increasing the cost of power for our citizens. I will not stand for it," W.Va. Gov. Earl Ray Tomblin, a Democrat, said.
Obama doesn't talk about other consequences of his out-of-control EPA.
Besides the obvious job losses in the coal and energy industries, here are other domino-effects:
Since virtually everything we eat, drink, wear and use requires energy for production and transportation, hundreds of thousands of other jobs spread across all sectors of our economy are on the same chopping block.
Illinois, Indiana, Michigan, Missouri, Ohio and Pennsylvania, together, account for more than one-fourth of all U.S. manufacturing. These states rely on coal to generate 65 percent to 92 percent of their electricity, which keeps costs down for hundreds of companies that remain competitive nationally and internationally.
In December, the AP reported that "32 mostly coal-fired power plants in a dozen states will be forced to shut down and an additional 36 might have to close because of new federal regulations."
And guess what? At the same time, the EPA radicals are also throwing roadblocks in the way of our access to, and use of, oil, natural gas, uranium and every other viable form of energy.
The most accurate cost estimate puts Obama's skyrocketing at about $3,900 per year per household, due to reduced output from coal. And it is right on track as the market-clearing price for new 2015 capacity - almost all natural gas - was $136 per megawatt. That's eight times higher than the price for 2012, which was just $16 per megawatt. In the mid-Atlantic area covering New Jersey, Delaware, Pennsylvania and Washington, D.C., the new price is $167 per megawatt. For the northern Ohio territory served by FirstEnergy, the price is a shocking $357 per megawatt.
Doesn't really sound like the formula for economic recovery to me. As he so often does, Obama lied when he said he had an "all of the above" energy strategy to counter rising energy prices.
The lie that Republicans want "dirty air and dirty water" infers that Republicans have a stash of clean air and water. We have the same health concerns as any other citizen. It is just that, unlike liberals, we choose to use common sense in providing it, vs. all-out war on all energy sources, except those, like Solyndra, that fill Obama donors pockets with cash.