It's About Liberty: A Conservative Forum
Topics => Economy => Topic started by: oldcoastie6468 on February 12, 2014, 10:11:23 AM
-
Hope and Change.............
Living In A Utopia Is Expensive: Obama Official Predicts 80 Percent Spike In Energy Costs Due To Clean Coal Rules
February 11, 2014 by Sam Rolley
An Obama Administration official told House lawmakers that the President’s new clean coal rules could increase wholesale electricity prices by as much as 80 percent.
During a Congressional hearing on Tuesday, Julio Friedmann, the deputy assistant secretary of the Energy Department, told lawmakers that costs associated with installing the first generation of carbon capture and storage (CCS) technologies on new coal power plants would be responsible for the energy price spike.
“The precise number will vary, but for first generation we project $70-90 per ton (on the wholesale price of electricity),” Friedmann said. “For second generation, it will be more like a $40-50/ton price. Second generation of demonstrations will begin in a few years, but won’t be until middle of the next decade (2022-2025) that we will have lessons learned and cost savings.”
http://personalliberty.com/2014/02/11/living-in-a-utopia-is-expensive-obama-official-predicts-80-percent-spike-in-energy-costs-due-to-clean-coal-rules/ (http://personalliberty.com/2014/02/11/living-in-a-utopia-is-expensive-obama-official-predicts-80-percent-spike-in-energy-costs-due-to-clean-coal-rules/)
-
Stellar. We have a Department of Energy that not only produces no energy, but obstructs others from doing so, along with the EPA.
-
Stellar. We have a Department of Energy that not only produces no energy, but obstructs others from doing so, along with the EPA.
The One's keeping his promise that energy costs will skyrocket under his "leadership."
-
I'll forward my bill to the DNC, let those assholes subsidize my bill, it's what they get off doing, right?
-
Keep on electing Democrats, West Virginia!
-
They say 80% increase (translation 140% increase).