New Air Regulations Will Kill Jobs and Spike Electricity Rates.

[Obama 2012 1,714]

There is no way they can guesstimate the amount of "healthcare costs" saved from this bullshit.

Actually they might be right. Health care costs will be saved because hundreds of thousands of jobs will be lost and those people won't be able to afford health care!!!!

The EPA is great at killing jobs and laughing about it.

The greatest terror threat the United States faces comes within its own border from environmentalist whackos.

--------------

http://www.msnbc.msn.com/id/45752318/ns/us_news-environment/

WASHINGTON — After a two-month delay, the Obama administration was expected Wednesday to unveil new rules for coal-fired power plants that mean costly investments passed on to consumers, but also health benefits.

A "significant Clean Air Act announcement" was set for 2 p.m. ET by the Environmental Protection Agency. Both environmentalists and industry were gearing up for the final say on rules covering mercury and other toxic emissions from power plants fueled by coal.

Power plant operators who have trouble meeting a three-year deadline for compliance will be given some flexibility under a deal struck between the White House and the EPA, the Washington Post reported last Friday.

Citing EPA estimates, the Washington Post said the rules will cost utilities $10.6 billion by 2016 to install special control equipment known as "scrubbers."

The new restrictions are part of the EPA's effort to roll out some of the most ambitious clean air rules in decades.

The EPA rules have divided the power industry.

Companies including Exelon and NextEra that generate most of their power with "clean" fuel sources like nuclear, natural gas and renewables have supported the standards, while those that get most of their power from coal, including American Electric Power and Southern have vigorously fought the rules.

Scott Segal, a lobbyist for power plants, said the rules will result in the loss of more than 1.4 million jobs by 2020 as utilities are forced to shutter old coal-fired power plants. He estimated that for every temporary job created in technologies to clean up power plants four higher paying jobs, often union ones, will be lost.

"The bottom line: this rule is the most expensive air rule that EPA has ever proposed in terms of direct costs," Segal said. "It is certainly the most extensive intervention into the power market and job market that EPA has ever attempted to implement."

Republicans have joined opponents, and in October the EPA delayed approval, saying it needed more time to review the 960,000 comments it received on a draft of the measure.

In response to concerns about the costs, the EPA has said the money saved in health care costs will be greater than the amount polluters will need to invest in retooling their plants to meet the new standards.

A group of 25 states has launched a court case over the rule, seeking a delay of at least a year for what they argue is an expensive measure that will shut down old coal-fired power plants.

Analysts have said American Electric Power and Duke Energy could see shutdowns because of the rule, which would require many plants to install scrubbers and other anti-pollution technology.

But the EPA, which has also been sued by environmental groups to finalize the rule, has maintained that the regulation is needed to prevent illnesses and deaths caused by air pollution.

The EPA estimated earlier this year that the rules will save $59 billion to $140 billion in health care costs by 2016 as technology to cut mercury emissions also reduces emissions of fine particulates, which can damage hearts and lungs.

[Danno 1,228]

There is no way they can guesstimate the amount of "healthcare costs" saved from this bullshit.

Actually they might be right. Health care costs will be saved because hundreds of thousands of jobs will be lost and those people won't be able to afford health care!!!!

The EPA is great at killing jobs and laughing about it.

The greatest terror threat the United States faces comes within its own border from environmentalist whackos.

--------------

http://www.msnbc.msn.com/id/45752318/ns/us_news-environment/

WASHINGTON — After a two-month delay, the Obama administration was expected Wednesday to unveil new rules for coal-fired power plants that mean costly investments passed on to consumers, but also health benefits.

A "significant Clean Air Act announcement" was set for 2 p.m. ET by the Environmental Protection Agency. Both environmentalists and industry were gearing up for the final say on rules covering mercury and other toxic emissions from power plants fueled by coal.

Power plant operators who have trouble meeting a three-year deadline for compliance will be given some flexibility under a deal struck between the White House and the EPA, the Washington Post reported last Friday.

Citing EPA estimates, the Washington Post said the rules will cost utilities $10.6 billion by 2016 to install special control equipment known as "scrubbers."

The new restrictions are part of the EPA's effort to roll out some of the most ambitious clean air rules in decades.

The EPA rules have divided the power industry.

Companies including Exelon and NextEra that generate most of their power with "clean" fuel sources like nuclear, natural gas and renewables have supported the standards, while those that get most of their power from coal, including American Electric Power and Southern have vigorously fought the rules.

Scott Segal, a lobbyist for power plants, said the rules will result in the loss of more than 1.4 million jobs by 2020 as utilities are forced to shutter old coal-fired power plants. He estimated that for every temporary job created in technologies to clean up power plants four higher paying jobs, often union ones, will be lost.

"The bottom line: this rule is the most expensive air rule that EPA has ever proposed in terms of direct costs," Segal said. "It is certainly the most extensive intervention into the power market and job market that EPA has ever attempted to implement."

Republicans have joined opponents, and in October the EPA delayed approval, saying it needed more time to review the 960,000 comments it received on a draft of the measure.

In response to concerns about the costs, the EPA has said the money saved in health care costs will be greater than the amount polluters will need to invest in retooling their plants to meet the new standards.

A group of 25 states has launched a court case over the rule, seeking a delay of at least a year for what they argue is an expensive measure that will shut down old coal-fired power plants.

Analysts have said American Electric Power and Duke Energy could see shutdowns because of the rule, which would require many plants to install scrubbers and other anti-pollution technology.

But the EPA, which has also been sued by environmental groups to finalize the rule, has maintained that the regulation is needed to prevent illnesses and deaths caused by air pollution.

The EPA estimated earlier this year that the rules will save $59 billion to $140 billion in health care costs by 2016 as technology to cut mercury emissions also reduces emissions of fine particulates, which can damage hearts and lungs.

No truer statement has been made!

That agency if not abolished needs to be downgraded to an advisory roll to Congressional interns.

[Gary and Alla 3,694]

That's OK, but if we do not get the 2% payroll tax cut it will throw the country back into recession.

[Mr. Big Dog 10,747]

Every challenge any industry has ever faced - be it fuel efficiency, proper disposal of toxic waste, you name it - has always resulted in this kind of panic mode. Always has, always will. As long as the playing field is level, industries and the market will cope. Always has, always will. Or are we doubting the markets now?