Monday, August 22, 2011

Higher Electric Bills, Courtesy of the US Federal Government

Over the next 18 months, the Environmental Protection Agency will finalize a flurry of new rules to curb pollution from coal-fired power plants...

The regulations...will cost utilities up to $129 billion and force them to retire one-fifth of coal capacity. Given that coal provides 45 percent of the country’s power, that means higher electric bills, more blackouts and fewer jobs.-Getting ready for a wave of coal-plant shutdowns

Thanks, Obama! By the way, hope you're having a great vacation while the ordinary American suffers directly because of your actions on behalf of the ruling elite.

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