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Obama’s war on coal hits your electric bill

Obama’s war on coal hits your electric bill
By Phil Kerpen

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 http://www.WarOnCoal.com to make it easy to contact your senators on this crucial issue.



Phil Kerpen is president of American Commitment and author of “Democracy Denied.”

http://www.foxnews.com/opinion/2012/05/22/obamas-war-on-coal-hits-your-electric-bill/print#ixzz1vdALNXOI


Added: May-22-2012 Occurred On: May-22-2012
By: dfaugust2k
In:
Politics
Tags: obama, democRATS, coal, electricity, inflation, "liberals", leftists, traitors, liars
Location: United States (load item map)
Views: 3347 | Comments: 37 | Votes: 2 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • Here in Maryland the electric company, instead of just making more electricity, is now going to install a meter on all houses that will allow them to turn off our air-conditioners at will.

    Posted May-22-2012 By 

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    • @Ding_Jianwen Oh, I forgot to say "Thank you, Mr. President."

      Posted May-22-2012 By 

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    • @Ding_Jianwen - The "Smart Meters" have nothing at all to do with the president. They are being installed by the utility companies to help them save money by getting real time consumption data to more efficiently manage their grid. Right or wrong, it is a utility doing this and not the executive branch of the federal government.

      -Carry on.

      Posted May-22-2012 By 

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    • @Ding_Jianwen

      Welcome to the 90's - we've had that here since the 90's. Fun point - our a/c has never been turned off by the electric company. Explain how the President is responsible for a decision made by your local electric company.

      Posted May-23-2012 By 

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    • @k3500 We had it here in the 90's, too, but it was voluntary then. I opted out after the electric company turned it off too often. When the Obama adminstration started persecuting coal-fired power plants here, I knew it was only a matter of time until rationing came.

      Posted May-23-2012 By 

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  • Obama is not good for this country; however, he is good for his campaign contributors though. Passing out billions of dollars to get a 2% return for him on the US taxpayers backs.

    Posted May-22-2012 By 

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  • North or South of the border, progressive liberalism has taken direct aim at curbing affordable power suppliers to invoke, " Forced Conservation " measures to remove coal fired generating stations from the common public use.
    To ensure that forced conservation measures work, the Smart Meter was installed onto every home. North and South of the border. Both Canada and the United States who co-share the Bulk Electricity System developed a Smart Metering system to detail who takes what an More..

    Posted May-23-2012 By 

    (1) | Report

  • Anyone who thinks Obama is good for this country is an idiot.

    Posted May-23-2012 By 

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  • Yeah you stoopid Obama voters. Wait until the first real heat wave.
    With all the Coal Plants off line, lets have a major blackout.
    Can you say National Emergency and Marshall Law.
    Oppps my tin foil hat just slipped off.

    Posted May-22-2012 By 

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  • obama has many wars...

    Posted May-22-2012 By 

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  • Wow.
    Religious indoctrination and reinforcement centers like Liberty U calling themselves "universities" AND you still burn coal?
    Hey, it's the 22nd century out there in case you didn't know it, eh....

    :/

    Posted May-22-2012 By 

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  • You guys in Ohio just got hosed by Obama. What did you guys do to get punished?

    Posted May-22-2012 By 

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  • Retards OK i feel it in my pocket now, go get me some chicken now

    Posted May-23-2012 By 

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  • I suggest all intellectuals to watch this: http://youtu.be/hmfXfx3XKsI

    And this: http://youtu.be/F-QA2rkpBSY

    Posted May-23-2012 By 

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  • dont worry, frogs from up north will sell you more of our infinite hydro electricity... many dams in project and in construction.....mwhouahahah

    Posted May-22-2012 By 

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  • Speaking of Coal, any update on that massive spill and whats being done to insure those crooked bastards don't fuck the planet again? NAw, who cares about that, lets just play up the war on XYZ of that pinko commie Kenyan.........

    Posted May-22-2012 By 

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  • Bad time to buy an electric car?

    Posted May-22-2012 By 

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  • You didn't know or care till it was the talking points memo..

    Posted May-22-2012 By 

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  • He is not finished until the US economy becomes like Kenyan economy

    Posted May-22-2012 By 

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  • you might want to check out the trailer to "The Last Mountain." You can stream it on Netflix.
    http://www.youtube.com/embed/c5wmUkpOCKE?rel=0&showinfo=0&showsearch=0

    -Carry on.

    Posted May-22-2012 By 

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  • Sorry bastard needs to fall into a coal mine.

    Posted May-22-2012 By 

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  • F Obama

    Posted May-22-2012 By 

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  • Righties game of the week... *spins wheel*

    "OH MY GOD! OBAMA DECLARED WAR ON (blank)"


    Link to 109 things conservatives have said Obama declared war on.

    http://www.motherjones.com/mixed-media/2012/02/obama-war-xmas-christians-cheerios

    Posted May-22-2012 By 

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    • @stevecore here he is in his own words.

      http://www.youtube.com/watch?v=HlTxGHn4sH4

      not to mention, his plan won't stop pollution or even lessen it. all it will do is pass the cost to the consumers.

      Posted May-22-2012 By 

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    • @aureliusva I was specifically pointing out that not everything has to be a "war on" something. They just do it for shock value. Same crap with the Dems saying the GOP had a "War on Women". Its just retarded.

      Posted May-22-2012 By 

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  • I looked up this "American Committment": it looks like a propaganda front for big business of every stripe, from coal to big pharma. Isn't it funny that things are supposed to follow the law of "supply and demand", yet we never seem to really run out of anything? The coal industry is just like the oil industry: they not only have the money to meet government pollution requirements if they wanted to; they also have a vested interest in keeping coal supplies "tight" ( More..

    Posted May-23-2012 By 

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  • Comment of user 'stinkbuttdog' has been deleted by author (after account deletion)!
  • The current administration has not passed any laws or regulatory changes which would force existing coal fired power plants to close.

    From Bloomberg:

    The rules will permit emissions from new power plants at 1,000 pounds of carbon dioxide per megawatt hour, about the level for a modern gas facility, according to the EPA. It applies to new plants, not existing ones.
    Full story here:
    http://www.bloomberg.com/news/2012-03-28/obama-power-plant-rule-signals-demise-of-old-king-coal-1-.html

    Also, ha More..

    Posted May-22-2012 By 

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    • @k3500 thats right...more regulation..we set our standards higher than the rest of the world and pay dearly..

      Posted May-22-2012 By 

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    • @buoymarker

      Our standards are below the standards in Europe. My point was NO NEW REGULATIONS HAVE BEEN PASSED BY THE OBAMA ADMINISTRATION. The coal emission standards are under review and have not been finalized. Please explain how we pay dearly for clean air.

      Posted May-23-2012 By 

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