By JLP | September 12, 2013
From today’s WSJ:
The Obama administration plans to block the construction of new coal-fired power plants unless they are built with novel and expensive technology to capture greenhouse-gas emissions, according to people familiar with a draft proposal.
The person and others briefed on the rule said such stringent limits would ban new coal plants, which generally release about twice as much carbon dioxide as the proposed limits. Even the newest, most advanced coal-fired power plants in the world would fall far short of that revised standard, they said.
Someone stands to make a lot of money installing all this new technology. That’s what this is really about. It’s not about the environment.
The American people should be allowed to vote on things like this. There should be a rigorous objective study done that will show how much these proposed changes will add to our monthly electric bills. Then, we should vote on the bill. Better yet, it should be a STATE ISSUE!
Have a great day, everyone.