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Obama: "Under my plan energy prices would necessarily skyrocket."

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Mal

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May 25, 2012, 10:01:40 AM5/25/12
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Obama’s war on coal hits your electric bill

By Phil Kerpen

May 22, 2012

The market-clearing price for new 2015 capacity – almost all natural
gas – was $136 per megawatt. That’s eight times higher than the price
for 2012, which was just $16 per megawatt. In the mid-Atlantic area
covering New Jersey, Delaware, Pennsylvania, and DC the new price is
$167 per megawatt. For the northern Ohio territory served by
FirstEnergy, the price is a shocking $357 per megawatt.

Why the massive price increases? Andy Ott from PJM stated the obvious:
“Capacity prices were higher than last year's because of retirements
of existing coal-fired generation resulting largely from environmental
regulations which go into effect in 2015.” Northern Ohio is suffering
from more forced coal-plant retirements than the rest of the region,
hence the even higher price.

http://www.foxnews.com/opinion/2012/05/22/obamas-war-on-coal-hits-your-electric-bill/print#ixzz1vnUwqwac

---

"Under my plan energy prices would necessarily skyrocket."

-Obama

http://www.youtube.com/watch?v=BqHL404zhcU

The Tea Party Should Stick to Celebrating Unbirthdays

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May 26, 2012, 5:33:57 AM5/26/12
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On Friday, May 25, 2012 10:01:40 AM UTC-4, Mal wrote:


> http://www.foxnews.com

'nuff said.

Lamont Cranston

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May 26, 2012, 7:56:32 PM5/26/12
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On 5/25/2012 7:01 AM, Mal wrote:

>
> "Under my plan energy prices would necessarily skyrocket."
>
> -Obama
>
> http://www.youtube.com/watch?v=BqHL404zhcU

ROTFLMAO!! A years-old quotation about a plan that has not been
implemented? What is the relevance, kook?

Robert Westergrom,1900 Harvey rd.,Wilmington,D.E

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May 26, 2012, 8:09:33 PM5/26/12
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"YEARS OLD"?? January 2008 ?? HUH ????

So Obama's using the EPA to do the dirty work of his Cap&Tade which
knew would never pass Congress won't have an effect on electricity
prices?

http://www.prisonplanet.com/obama-energy-secretary-promises-massive-coal-plant-closures.html

Obama Energy Secretary Steven Chu has launched the next phase of the
White House’s publicly stated agenda to bankrupt the coal industry via
EPA regulations after announcing the prospect of “massive” coal plant
closures even as Texas and other states suffer rolling blackouts as a
result of maxed-out power plants that cannot cope with demand.

The Obama administration’s strict enforcement of draconian EPA
regulations has led to new clean-burning coal-fired plants being
mothballed and other existing ones being shut down, which has in turn
led to Texas and other states becoming energy-dependent, leading to
shortages and blackouts exacerbated by freezing temperatures.

Despite White House Communications Director Dan Pfeiffer’s brazen lie
in claiming that the blackouts are solely a result of “mechanical
failures,” the Electric Reliability Council of Texas, the agency that
oversees the state’s power, confirmed this morning that the threat of
blackouts was ongoing as a result of a “maxed out grid”.

This “maxed out grid” is a consequence of federally enforced EPA
restrictions that have led to the delay, mothballing and closing down
of coal-fired plants. In Texas, approval for the much-needed Las
Brisas Energy Center has been delayed for 3 years as a result of EPA
meddling in Texas’ energy policy.

A federal court ruling last month gave the EPA permission to proceed
with greenhouse gas regulation in Texas, temporarily superseding
Texas’ non-compliance with the new regulations which came into force
on January 2. The White House’s claim that EPA regulations are not
currently affecting Texas is a complete fabrication.


http://www.epa.gov/capandtrade/

Cap and trade is an environmental policy tool that delivers results
with a mandatory cap on emissions while providing sources flexibility
in how they comply. Successful cap and trade programs reward
innovation, efficiency, and early action and provide strict
environmental accountability without inhibiting economic growth.


http://habledash.com/index.php?option=com_content&view=article&id=1006:epa-circumvents-congress-to-enforce-greenhouse-gas-emissions&catid=45:the-nook&Itemid=59

On the evening of December 23, just two days before Christmas when the
country was hardly paying attention to the news, the EPA posted plans
on their website to target greenhouse emissions. One could argue this
was Obama's final magic trick during the 111th Congress - arguably the
worst in history - because Cap & Trade failed to pass the Senate, even
with the Democratic stronghold in Congress.


Lisa Jackson, EPA administrator and extreme liberal eco-mentalist,
said this will help America better deal with pollution contributing to
climate change.

"We are following through on our commitment to proceed in a measured
and careful way to reduce GHG [greenhouse gas] pollution that
threatens the health and welfare of Americans."

With his liberal base not feeling the love, Obama gave his flat-earth,
no-growth environmentalist constituents an early holiday gift:
Environmental regulation by circumventing Congress. Get used to this
because it's going to become the norm with the Obama administration
with a Republican-controlled Congress. It really validates how
liberals are the Party of Adolescence - reality doesn't matter to them
because they're smarter than everyone else. We're just too stupid to
realize how Democrats are trying to help us. When they don't get
their way, liberals won't stop at anything to get their way. It's not
resilience; it's extremely dictatorial.

Waldo Tunnel

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May 27, 2012, 12:18:35 AM5/27/12
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On May 25, 7:01 am, Mal <m...@l.mal> wrote:
> Obama’s war on coal hits your electric bill

Phil Kerpen: A fool _and_ a liar?



> By Phil Kerpen
>
> May 22, 2012

[...]

Mal

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May 27, 2012, 3:43:58 AM5/27/12
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Waldo Tunnel

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May 27, 2012, 2:19:00 AM5/27/12
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On May 27, 12:43 am, Mal <m...@l.mal> wrote:
> On Sat, 26 May 2012 21:18:35 -0700 (PDT), Waldo Tunnel
>
> <waldotun...@gmail.com> wrote:
> >On May 25, 7:01 am, Mal <m...@l.mal> wrote:
> >> Obama s war on coal hits your electric bill
>
> > Phil Kerpen: A fool _and_ a liar?
>
> >> By Phil Kerpen
>
> >> May 22, 2012
>
> >[...]
>
> http://www.youtube.com/watch?v=BqHL404zhcU

If accurate, you're right.
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