EPA to impose new emissions rule on coal plants
While Barack Obama says that his administration is concerned about rising energy costs and has an “all of the above” energy plan, the Environmental Protection Agency has imposed new carbon emissions regulations new coal plants:
The Environmental Protection Agency will issue the first limits on greenhouse gas emissions from new power plants as early as Tuesday, according to several people briefed on the proposal. The move could end the construction of conventional coal-fired facilities in the United States.
The proposed rule — years in the making and approved by the White House after months of review — will require any new power plant to emit no more than 1,000 pounds of carbon dioxide per megawatt of electricity produced. The average U.S. natural gas plant, which emits 800 to 850 pounds of CO2 per megawatt, meets that standard; coal plants emit an average of 1,768 pounds of carbon dioxide per megawatt.
Industry officials and environmentalists said in interviews that the rule, which comes on the heels of tough new requirements that the Obama administration imposed on mercury emissions and cross-state pollution from utilities within the past year, dooms any proposal to build a coal-fired plant that does not have costly carbon controls.
“This standard effectively bans new coal plants,” said Joseph Stanko, who heads government relations at the law firm Hunton and Williams and represents several utility companies. “So I don’t see how that is an ‘all of the above’ energy policy.”
The proposal does not cover existing plants, although utility companies have announced that they plan to shut down more than 300 boilers, representing more than 42 gigawatts of electricity generation — nearly 13 percent of the nation’s coal-fired electricity — rather than upgrade them with pollution-control technology.
This is essentially cap-and-trade for the coal industry, only through regulatory fiat. The Obama Administration wasn’t able to get this through Congress in 2010, so they are going to imposes these regulations piece-by-piece. There is little doubt that this will hurt jobs in states that rely heavily on the coal industry, including Pennsylvania and Ohio — both are considered swing states.
With gas prices on the rise — already close to last year’s highs — and now this, the Obama Administration continues to be completely out of touch with Americans, who are paying more due to his energy policies.