The Conservative Cave

Current Events => Economics => Topic started by: pissant on June 08, 2011, 10:17:27 PM

Title: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: pissant on June 08, 2011, 10:17:27 PM
In January 2008 Barack Obama told the San Francisco Chronicle:

    “Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers.”

He promised that his plan would cause electricity rates to skyrocket.

He wasn’t kidding.

In January the Obama Administration, for the first time ever, blocked an already approved bid to build one of the largest mountaintop removal coal mines in Appalachian history.

And, today it was reported that Obama’s energy plans will cause electricity rates to necessarily skyrocket…
Just as he promised.

Via US News and World Reports:

    Two new EPA pollution regulations will slam the coal industry so hard that hundreds of thousands of jobs will be lost, and electric rates will skyrocket 11 percent to over 23 percent, according to a new study based on government data.

http://www.thegatewaypundit.com/2011/06/obamas-epa-regulations-will-cost-coal-industry-200-billion-cause-electricity-rates-to-skyrocket/
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: Rebel on June 09, 2011, 07:31:17 AM
Who needs evil coal, I use electricity.


Kudos to who gets the comparison



Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: IassaFTots on June 09, 2011, 08:19:43 AM
Who needs evil coal, I use electricity.


Kudos to who gets the comparison





Heh.  H5! 
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: RightCoast on June 09, 2011, 09:05:54 AM
Well this sure changes the savings comparison between the Chevy Volt and my 30mpg gas guzzler.
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: Doktor Howl on June 09, 2011, 01:40:48 PM
Sucks to be the coal industry.

And sucks to live in the Northeast.
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: Hella Jeff on June 10, 2011, 11:23:37 PM
Because God forbid we indulge in a wee bit of pollution during one of the biggest economic crisis of all times. This is why I hate "environmentalists"
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: NHSparky on June 11, 2011, 09:21:24 AM
Sucks to be the coal industry.

And sucks to live in the Northeast.

Actually, most of our electricity comes from nuclear and gas.

If the coal industry is going to screw anyone, it's going to be in the West and Midwest.  States like Wyoming, Utah, Colorado, New Mexico, Illinois, Ohio, Pennsylvania.  Massachusetts, New York, and upper New England?  Not so much, although our heating oil prices are God-awful right now ($3.499/gal last I checked.)

Of course, who cares about that pesky little fact that coal provides 50 percent of our electricity, is essential for our steel production, little shit like that.

No, it goes far beyond an increase in electricity rates, m'boys.  This is destruction of an economy on a scale undreamt of.
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: B9 on June 11, 2011, 02:23:16 PM
Actually, most of our electricity comes from nuclear and gas.

If the coal industry is going to screw anyone, it's going to be in the West and Midwest.  States like Wyoming, Utah, Colorado, New Mexico, Illinois, Ohio, Pennsylvania.  Massachusetts, New York, and upper New England?  Not so much, although our heating oil prices are God-awful right now ($3.499/gal last I checked.)

Of course, who cares about that pesky little fact that coal provides 50 percent of our electricity, is essential for our steel production, little shit like that.

No, it goes far beyond an increase in electricity rates, m'boys.  This is destruction of an economy on a scale undreamt of.

Not "most". http://www.eia.gov/cneaf/electricity/epa/figes1.html


Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: NHSparky on June 11, 2011, 04:33:00 PM
Uh, dumbass--I'm talking about in the Northeast, specifically in New Hampshire.

Seabrook--1250 net MW output, ever heard of it?
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: JohnnyReb on June 11, 2011, 04:44:10 PM
"Let then heat with wood and junk mail", Obama to you pee-on's.

Oh, I forgot, some cities have outlawed the use of wood heaters. Guess you can say, "Being a liberal democrat is so cool, Literally."
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: Doktor Howl on June 11, 2011, 11:14:31 PM
"Let then heat with wood and junk mail", Obama to you pee-on's.

Oh, I forgot, some cities have outlawed the use of wood heaters. Guess you can say, "Being a liberal democrat is so cool, Literally."

Tucson is still using a filthy burn-anything plant.  The whole East side smells like a burning tire.

Dok,
Lives on the Northwest end and doesn't care.
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: CG6468 on June 12, 2011, 09:30:48 AM
Tucson is still using a filthy burn-anything plant.  The whole East side smells like a burning tire.

Dok,
Lives on the Northwest end and doesn't care.

My relatives live on the east side of Tucson. We've noticed no such problems there.
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: Doktor Howl on June 12, 2011, 10:46:30 AM
My relatives live on the east side of Tucson. We've noticed no such problems there.

Northeast or Southeast?  You really can't miss the TEP plant.
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: CG6468 on June 12, 2011, 01:26:13 PM
Northeast or Southeast?  You really can't miss the TEP plant.

Near Tanque Verde and Catalina Highway, toward the foothills. (My directions always get screwed up in Tucson.)
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: Doktor Howl on June 12, 2011, 01:29:00 PM
Near Tanque Verde and Catalina Highway, toward the foothills. (My directions always get screwed up in Tucson.)

That's North.  You go down by Alvernon & 22nd and the stench is amazing.
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: Attero Dominatus on June 12, 2011, 02:28:41 PM
Who needs evil coal, I use electricity.


Kudos to who gets the comparison





H5!
Title: Re: Obama’s EPA Regulations Will Cost Coal Industry $200 Billion
Post by: Freeper on June 18, 2011, 01:16:50 PM
Who needs evil coal, I use electricity.


Kudos to who gets the comparison





I don't use any oil, I ride the bus.