On 05/22/2012 02:28 PM, wgm4u wrote: > Published May 22, 2012 > > Obama's War on Coal has already taken a remarkable toll on coal-fired power > plants in America. > > Last week the U.S. Energy Information Administration reported a shocking drop > in power sector coal consumption in the first quarter of 2012. Coal-fired > power plants are now generating just 36 percent of U.S. electricity, versus > 44.6 percent just one year ago. > > It's the result of an unprecedented regulatory assault on coal that will > leave us all much poorer. > > Last week PJM Interconnection, the company that operates the electric grid > for 13 states (Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New > Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West > Virginia and the District of Columbia) held its 2015 capacity auction. These > are the first real, market prices that take Obama's most recent anti-coal > regulations into account, and they prove that he is keeping his 2008 campaign > promise to make electricity prices "necessarily skyrocket." > > 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 DC the new price is $167 per megawatt. > For the northern Ohio territory served by FirstEnergy, the price is a > shocking $357 per megawatt. > > Why the massive price increases? Andy Ott from PJM stated the obvious: > "Capacity prices were higher than last year's because of retirements of > existing coal-fired generation resulting largely from environmental > regulations which go into effect in 2015." Northern Ohio is suffering from > more forced coal-plant retirements than the rest of the region, hence the > even higher price. > > These are not computer models or projections or estimates. These are the > actual prices that electric distributors have agreed to pay for new capacity. > The costs will be passed on to consumers at the retail level. > > House Energy and Power Subcommittee Chairman Ed Whitfield (R-Ky.) aptly > explained: "The PJM auction forecasts a dim future where Americans will be > paying more to keep the lights on. We are seeing more and more coal plants > fall victim to EPA's destructive regulatory agenda, and as a result, we are > seeing more job losses and higher electricity prices." > > The only thing that can stop this massive price hike now is an all-out effort > to end Obama's War on Coal and repeal this destructive regulatory agenda. > > The Senate will have a critical opportunity to do just that when it votes on > stopping Obama's most expensive anti-coal regulation sometime in the next > couple of weeks. The vote is on the Inhofe Resolution, S.J. Res 37, to > overturn the so-called Utility MACT rule, which the EPA itself acknowledges > is its most expensive rule ever. > > This vote is protected from filibuster, and it will take just 51 votes to > send a clear message to Obama that his War on Coal must end. > > Of course, Obama could veto the resolution and keep the rule intact, although > that would force him to take full political responsibility for the massive > impending jump in electricity prices. > > I have a form set up at www.WarOnCoal.com to make it easy to contact your > senators on this crucial issue. > > Read more: > http://www.foxnews.com/opinion/2012/05/22/obamas-war-on-coal-hits-your-electric-bill/print#ixzz1vdViVv55
Republicons want to blame Obama for everything so they can screw over the election and then further screw the American public. Republicons are treasonous. ------------------------------------ To subscribe, send a message to: [email protected] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!'Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/FairfieldLife/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
