The EPA's war on coal is no less than a war on seniors and our nation's most vulnerable. Seniors on fixed and diminishing incomes pay a disproportionate share of their monthly budget on utilities, and Obama's EPA will serve only to make them poorer and more vulnerable. A recent Harris poll found 88 percent of seniors are at least somewhat concerned that the new EPA rules will force them to pay more. Sharing this view is a U.S. Chamber of Commerce analysis showing the new EPA rules will cost Americans $17 billion a year more to pay their electricity bills, and hit the economy with $50 billion a year in new costs.
As recently as six years ago coal accounted for about 50 percent of America's electricity, and now stands at 40 percent. Obama wants it below 30 percent, a chokehold on energy production which is nothing short of pulling the emergency brake on the economy and letting America's most vulnerable go flying through the windshield.
Seniors of limited means are least able to absorb the increasing costs of energy and electricity, as we've seen from far too many stories of elderly dying in their homes or requiring hospitalization during severe weather conditions. Clearly the President and the EPA are willing to gamble with the lives of seniors for the sake of their extreme ideology.
A study of the Administration's new power plant emissions rules revealed job losses of 442,000 by 2022, and a loss of 40 percent of electrical capacity generated by coal in the next 15 years. What's even more alarming is that the environmentalists at the EPA can't even point to a tangible, achievable benefit to these new proposed standards. The truth is these additional regulations are of benefit to no one, and do nothing to address the fact that developing nations like China and India will double their power-plant emissions in short order with Americans essentially subsidizing their increased production.
The EPA counters that the short-term cost increase is easily absorbable and by 2030 we will all be paying less for energy, thanks to Obama and his environmental mandates. This is little comfort to the tens of millions of seniors now paying the price for Obama's healthcare "savings."