Tag Archives: Coal

The Democrat war on clean coal makes us all pay more for electricity

National Electricity Price Index vs CPI
National Electricity Price Index vs CPI

This is from Investors Business Daily.

Excerpt:

Another coal giant in America, Peabody Energy Corp., declared bankruptcy this week. This bankruptcy filing follows similar actions by Arch Coal Inc., Alpha Natural Resources Inc., and other coal producers that have filed for Ch. 11 protection from creditors.

The ideologues in the White House must be uncorking the champagne. They wanted this to happen. It was the intended result of lawsuits and burdensome regulations by the Obama-era Environmental Protection Agency, which declared war on coal from the day Obama entered office.  This was a key component of the anti-carbon agenda of the climate change fanaticism that pervades this White House.

Ideas have consequences. Obama has succeeded in decimating whole towns across America — from Wyoming to Virginia to Pennsylvania — dependent on coal. An estimated 31,000 coal miners, truckers, engineers, construction workers and others have lost their jobs since 2009 as a result of this global warming jihad. Another 5,000 or so could be given pink slips at Peabody. To the left, these lives ruined is acceptable collateral damage for their utopian dream of saving the planet.

The victims here aren’t rich fat cats. They are middle class workers whose lives have been turned upside down by the Big Green Machine.

Investors have gotten crushed too as a result of coal’s demise. The ‎coal industry has lost more than $30 billion in stock value since 2009 — with many of these losses in pension funds and 401(k) plans.

What is maddening about these developments is that coal is much, much cleaner than ever before. EPA statistics show that emissions of sulfur, lead, carbon monoxide, and smog  from coal plants have been reduced by more than 50% in the last 40 years. Clean coal is a reality — but that never slowed the greens down.   The Natural Resources Defense Council now wants the EPA to slap $700 million in environmental fines on Peabody. These people just never stop.

America is the Saudi Arabia of coal. We have an estimated 500 years supply of that energy source. Our coal is cleaner and our environmental laws are much stricter than in other nations.  So for economic and ecological reasons, we should want American coal to dominate the world market.

The demise of coal could lead to major disruptions in America’s electric power supply. Before Obama entered office in 2009, America got half its electric power from coal.  Coal still supplies more than one-third of our electricity, because it is cheap and highly reliable, but that percentage continues to shrink.

Higher energy prices is no problem for Democrats:

They are pretty bold about wanting to bankrupt the coal industry, and push us all onto more expensive forms of energy like wind and solar:

Cost of renewable wind and solar energy
Cost of renewable wind and solar energy

Do you need to be paying more for electricity? Could you find something else to spend it on? How much is there left over for charity if you have to pay more for electricity?

And do you know who else pays for higher electricity prices? Your employer. Attacking cheap, clean energy puts more economic stress on the person who employs you. Think about that.

Incoming Kentucky Governor to EPA: we will not comply with your regulations

This is why I think that the real conservatism is always with the governors. When Republicans go to Washington, they often get so squishy that they are no use. If you’re looking for real conservative actions that produce real results, look to the governors. They get things done.

Video:

Here’s the article from The Blaze. (H/T ECM, who was suitably impressed)

Excerpt:

Kentucky Gov.-elect Matt Bevin said in an appearance on The Glenn Beck Radio Program Friday that he will push back against the Environmental Protection Agency’s efforts to regulate the coal industry, telling the EPA to “pound sand.”

Bevin’s comments came after Glenn Beck asked, “Now that you’re in, President Obama has said that he’s going to destroy the coal industry. Kentucky is a coal state. What are you going to be doing specifically to push back on that?”

In August, President Barack Obama unveiled his coal policy in partnership with the EPA, granting the agency authority over what is traditionally a state responsibility.

According to Sam Batkins, director of regulatory policy at American Action Forum, the policy will cost $2.5 trillion and 125,800 jobs, along with shuttering 66 power plants.

Bevin, a Tea Party favorite who became only the second Republican in four decades to win Kentucky’s governorship Tuesday, vowed to stand against the EPA when it comes to protecting his state’s large coal industry.

“Why it is that we in Kentucky — that sit on two extraordinary basins, the Illinois basin and the Central basin, an abundance of this — how are we not participating in something that the world wants more of than they ever have?” Bevin asked. “And so, from my way of thinking, we will tell the EPA and other unelected officials who have no legal authority over us as a state, to pound sand.”

Bevin, a self-described “staunch conservative,” told Beck he believes the 10th Amendment is “one of the most powerful tools” and that power not expressly given to the federal government is the responsibility of the states.

The incoming Kentucky governor said the EPA has “no authority” and that its only recourse would be to “take us to court.” Bevin said that, in the past, the agency has “bribed us with our own money,” but he insisted that will not happen anymore under his leadership.

“The EPA, for example, they don’t have an enforcement arm,” Bevin said. “They use federal dollars. They use our own money. They bribe us with our own money to stick it to ourselves. And we will not do that anymore in the state of Kentucky.”

Recall that coal is cheap to produce compared to more politically correct energy sources like wind and solar:

Cost of renewable wind and solar energy
Cost of renewable wind and solar energy

Now, if the people of America really want to do something to draw America off of coal, then we should focus on nuclear power, instead of wasting money on solar and wind. But of course, the Democrats oppose nuclear power, too – despite the facts that scientists are in favor of it.

The left-leaning Pew Research reports:

About half (51%) of Americans favor building more nuclear power plants to generate electricity, while 42% oppose this. Among the general public, a greater percentage of men (60%) than of women (43%) favor building additional nuclear power plants. More college graduates (59%) favor building nuclear power plants than do those with a high school education or less (46%). And larger shares of Republicans (62%) than independents (52%) or Democrats (45%) support expanding the use of nuclear power to generate electricity.

When it comes to nuclear power, the views of scientists are closer to those of Republicans than Democrats nationwide. Seven-in-ten scientists favor building more nuclear power plants to generate electricity, while 27% are opposed. Among scientists, majorities in every specialty favor building more nuclear power plants, but support is particularly widespread among physicists and astronomers (88% favor). As with the public, far more men (76%) than women (55%) support the expansion of nuclear power.

We are bankrupting the country wasting money on green energy production that is not cost effective, and Democrats are opposed to clean energy production that is cost effective: fracking and nuclear. Then they complain about coal and try to regulate it out of existence. Unless and until Democrats come around on fracking and nuclear power, then they should not be regulating coal out of existence. All that will do is raise energy prices for all of us, which is exactly what we see happening in Germany. They are further along the green energy road, and we must learn from their mistake.

Supreme Court rules against EPA’s job-killing tax on electricity

Atmospheric temperature measurements though April 2015
Atmospheric temperature measurements though April 2015

If you have to pay your own electricity bill out of your own earnings, then I have some good news for you.

The Daily Signal has the story.

Excerpt:

Today, the Supreme Court in Michigan v. EPA held that the Environmental Protection Agency improperly ignored costs when it decided to regulate hazardous air pollutants from power plants. The court, in this 5-4 opinion, struck down this extremely costly rule, known as Utility MACT or Mercury and Air Toxics Standards (MATS).

Under Section 112 of the Clean Air Act, which applies to power plants, the EPA administrator shall regulate if the regulation is found to be “appropriate and necessary.” According to the EPA, they didn’t have to consider cost when deciding to regulate, even though the statute specifically says that the regulation has to be “appropriate.”

Justice Antonin Scalia, writing for the majority, explained, “[a]gainst the backdrop of this established administrative practice [consideration of cost], it is unreasonable to read an instruction to an administrative agency to determine whether ‘regulation is appropriate and necessary’ as an invitation to ignore costs.”

The EPA was going to ignore an astonishing amount of costs. The EPA estimated the costs to be $9.6 billion annually. This compared to benefits of $4 million to $6 million annually. As pointed out by Scalia, “[t]he costs to power plants were thus between 1,600 and 2,400 times as great as the quantifiable benefits from reduced emissions of hazardous air pollutants.” As the court succinctly explained, “[n]o regulation is ‘appropriate’ if it does significantly more harm than good.”

Unfortunately, energy prices are still going to go up, and jobs are still going to be lost as a result of previous EPA regulations.

The Stream says:

While this is a major legal win for the coal industry, it may have come too late. Power plant operators have already slated to retire 13 gigawatts of coal-fired power by the end of this year. Coal plant owners also must ready themselves to comply with upcoming ozone and greenhouse gas regulations.

Well, it’s been a rough week, but we have to take our victories where we can. A win’s a win. Hopefully, the next President will abolish the EPA and the Department of Energy entirely, so that those clowns have to get real jobs doing something useful for a change.

New study: EPA carbon emission regulations eliminate 586,000 manufacturing jobs

Why don’t we build anything in America any more?

Well, we do build many things, but if the question is changed to “why aren’t we building more?” then the answer is that the costs of building things in America are much higher than building them elsewhere. One reason is that we have the highest corporate tax rate in the world. Another reason is that we pass regulations that make it expensive to make anything here.

Here is a report from the Daily Signal about a new study by the Heritage Foundation.

They write:

A new study predicts that more than a half million manufacturing jobs will be eliminated from the U.S. economy as a result of the Obama administration’s proposed regulations to curb carbon dioxide emissions.

“Every state would experience overwhelming negative impacts as a result of these regulations, but especially those with higher-than-average employment in manufacturing and mining,” said Nick Loris, a co-author of study, which was completed by energy experts at The Heritage Foundation—the parent organization of The Daily Signal.

The researchers projected how many manufacturing jobs would be eliminated in each state and congressional district as a consequence of the carbon plan, which is the centerpiece of President Obama’s effort to combat climate change.

The results show that 34 states would lose three to four percent of manufacturing jobs by 2023, and nine other states would lose more.

In Ohio alone, 31,747 jobs would be lost.

The study predicts that the Midwest would be hit the hardest, with Illinois, Indiana, Michigan, Ohio and Wisconsin losing more than 20,000 jobs each.

[…]The analysis comes just months before the Environmental Protection Agency is set to finalize its carbon regulations covering new, existing and modified/reconstructed power plants by mid summer of 2015.

Heritage’s study looked at the totality of the Obama administration’s efforts to limit carbon dioxide emissions—from motor vehicles and power plants, both new and existing.

The EPA’s plan forces states to cut power-industry emissions by 30 percent in 2030 from 2005 levels.

We have to save the planet!!!1!!

Meanwhile, in Boston:

It's global warming! The EPA must save us!
It’s global warming! The EPA must save us!

So, the next time anyone asks you why we don’t build anything anymore, tell them it’s because they voted for Democrats, and how this resulted in higher taxes and more burdensome regulations. Higher taxes and more regulation causes companies to close down here at home and move elsewhere, or they just scale back here and expand elsewhere. Democrats cause American jobs to go overseas, raising the unemployment rate. That’s why our labor force participation hasn’t been this low for decades. It’s basic economics.

Just the thing to fix our 0.1% GDP growth: a massive hike to electricity prices

From the leftist Poitico.

Excerpt:

The EPA will launch the most dramatic anti-pollution regulation in a generation early next month, a sweeping crackdown on carbon that offers President Barack Obama his last real shot at a legacy on climate change — while causing significant political peril for red-state Democrats.

The move could produce a dramatic makeover of the power industry, shifting it away from coal-burning plants toward natural gas, solar and wind. While this is the big move environmentalists have been yearning for, it also has major political implications in November for a president already under fire for what the GOP is branding a job-killing “War on Coal,” and promises to be an election issue in energy-producing states such as West Virginia, Kentucky and Louisiana.

[…]But for coal country, the rule is yet another indignity for an industry already facing a wave of power plant shutdowns amid hostile market forces and a series of separate EPA air regulations. Coal-state Democrats like West Virginia Sen. Joe Manchin have joined the criticism, echoing industry warnings that the fossil fuel was crucial to keeping the lights on in much of the U.S. during this past brutal winter.

“You have another polar vortex next year, how many people will lose their lives?” Manchin asked at a POLITICO energy policy forum Tuesday.

[…]It’s not just the coal industry that’s losing sleep over the rule. Manufacturers and industries like oil refining have been eyeing the power plant regulations as the starting gun for a process that will eventually lead to greenhouse gas limits for a wide variety of businesses.

“These regulations could reduce the diversity of our energy supply, increase electricity and compliance costs for American businesses and shrink our competitiveness,” said Ross Eisenberg, vice president for energy and resources policy at the National Association of Manufacturers. “We can’t sit by silently while that happens.”

The EPA’s rule proposal is supposed to go live on June 2nd. Plenty of time for people in red and purple states to decide whether they prefer gay marriage to low electricity bills. I would say that the chances of the Republicans taking the Senate now is up near 75%.