Great moments in government regulation
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.
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