The #Obama end game on energy is going to be announced this week, and it wont be good for coal, or for US energy consumers... however, the states are not going to take it lying down: Some states have specifically empowered local regulators to develop emission plans that are less stringent than federal guidelines. According to measures passed recently, the state policies are to take into account the unreasonable cost of reducing emissions based on a plants age and design and the economic impacts of shutting down particular power plants. The concern is that the federal standards — if they come out the way that most people expect them to — are going to drive the cost of electricity up for every single consumer in the state, said Missouri state Rep. Todd Richardson, a Republican.
Posted on: Mon, 02 Jun 2014 05:56:06 +0000
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