President Obama promised to send electricity prices skyrocketing, and his minions at the EPA are delivering on that promise. Americans for Tax Reform’s Chris Prandoni takes a detailed look at how Obama is using the power of the regulatory state to wipe out the coal industry.
Well it appears the Department of Energy, which has long lobbied for more clean energy, is now finding that this clean energy is a lot more expensive than they thought it would be.
EPA regulations have been getting tougher, and now the states are fighting back to try and take back some of their power in this situation.
The Tennessee Valley Authority (TVA) announced earlier today that it will be closing 8 coal-fired power plants.
It’s a bad omen for free enterprise, prosperity and liberty when normally warring special interest groups such as big business and progressive activists agree on public policy.
There is pain associated with $4.00 a gallon gasoline. It’s not the kind you see on the news every night but it is just as tragic.
Obama will go down in history as the president who killed coal. Making no attempt to hide his disdain for one of America’s most abundant, efficient energy sources, then candidate Barack Obama said that, “if somebody wants to build a coal plant, they can — it’s just that it will bankrupt them.”
With the increasingly likelihood that Obama's health care law will be struck down in court or repealed next Congress, the administration has been working hard to cement another dubious legacy: the destruction of the coal industry.
What do Arkansas, Louisiana, Texas, Oklahoma and New Mexico have in common? They comprise the Environmental Protection Agency’s Region VI. They also constitute the core of America’s energy production, especially oil.