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Thread: Obama Promise Kept: Coal Plants to go Bankrupt with New EPA Carbon Cap

  1. #1
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    Default Obama Promise Kept: Coal Plants to go Bankrupt with New EPA Carbon Cap

    Obama Promise Kept: Coal Plants to go Bankrupt with New EPA Carbon Cap


    Enviro-Whack jobs are celebrating the demise of America‘s most abundant energy resource, coal. Because coal has just been given the death sentence by Obama and the EPA.

    "If old King Coal isn't dead already, he's certainly teetering toward life support," said Frank O'Donnell, president Clean Air Watch in Washington.

    The EPA has issued new proposed rules on carbon emissions that will help Obama keep one campaign promise: Builders of new coal fired power plants won’t be prevented from building coal-fired power plants, they’ll just go bankrupt if they try.

    “Proposed emission rules for new power plants unveiled by the U.S. Environmental Protection Agency (EPA) on March 27 spell the gradual demise of coal-fired power generation and entrench the current cost advantage for natural gas,” reports Reuters’ John Kemp.


    Read More:
    http://finance.townhall.com/columnis...epa_carbon_cap
    ”The trouble with socialism is that you eventually run out of other people's money.” - Margaret Thatcher

  2. #2
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    They just built a brand new one in my town. Took them a while to get it up and running as they jumped through hoops meeting epa requirements, but it's running now.
    As an American you have the right to not believe in guns. You also have the right to not believe in God. But if someone is trying to break into your home, or wants to harm you, the first thing you will do is pick up the phone and call someone with a gun. The second thing you will do is pray that they get there in time. ~Don Moore

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