Between 1989 and 2010, Congress rejected nearly 700 cap-tax-and-trade and similar bills that their proponents claimed would control Earth’s perpetually fickle climate and weather. So even as real world crises erupt, President Obama is using executive fiats and regulations to impose his anti-hydrocarbon agenda, slash America’s fossil fuel use, bankrupt coal and utility companies, make electricity prices skyrocket, and “fundamentally transform” our economic, social, legal and constitutional system.
Citing climate concerns, he has refused to permit construction of the Keystone XL pipeline, and blocked or delayed Alaskan, western state and offshore oil and gas leasing and drilling. He’s proud that US oil production has climbed 58% and natural gas output has risen 21% since 2008. But he doesn’t mention that this is due to hydraulic fracturing on state and private lands; production has actually fallen in areas controlled by the federal government, and radical environmentalists oppose fracking all over the USA.
Above all, the President’s war on hydrocarbons is a war on Coal Country families. For 21 states that still rely on coal to produce 40-96% of their electricity, it is a war on people’s livelihoods and living standards – on the very survival of small businesses and entire communities. The price of electricity has already risen 1-2 cents per kilowatt-hour in those states, from as little as 5.6 cents/kWh in 2009. If it soars to the 14.6 to 15.7 cents/kWh paid in “job-mecca states” like California and New York – which rely on coal for less than 3% of their electricity – the impacts will churn through coal-dependant states like a tsunami.
Yet that is where rates are headed, as the Obama EPA’s carbon dioxide and other restrictions kick in. Hundreds of baseload coal-fired power plants (some 180 gigawatts of electric generation capacity) will be forced into premature retirement between 2010 and 2020. That’s more than 15% of the United States’ total installed capacity – enough electricity to power nearly 90 million average homes or small businesses. EPA assumes it can be replaced by expensive, unreliable, habitat-gobbling wind and solar power. It can’t.
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