Sunday, November 04, 2012

SCOMAF's EPA to Nuke Citizens Soon

They know that the party's over.

President Obama’s Environmental Protection Agency has devoted an unprecedented number of bureaucrats to finalizing new anti-coal regulations that are set to be released at the end of November, according to a source inside the EPA.

More than 50 EPA staff are now crashing to finish greenhouse gas emission standards that would essentially ban all construction of new coal-fired power plants. Never before have so many EPA resources been devoted to a single regulation. The independent and non-partisan Manhattan Institute estimates that the EPA’s greenhouse gas coal regulation will cost the U.S. economy $700 billion.

No new coal-fired power plants?  No problem!!  Use wood, or old rags, or maybe hydrogen derived from water.  Who needs water, anyway?

What WILL happen is that new powerplants will burn natgas.  Nice--until the price of natgas rises to meet the new demand, which will be significant.  And of course, the Manhattan estimate does NOT include the cost of unintended consequences--which WILL occur.

No comments: