'In the end it's not the years in your life that count. It's the life in your years.'
- Abraham Lincoln -

Wednesday, March 28, 2012

Obama Keeps His Promise

He said he was going to bankrupt the coal industry.  And make energy more expensive.  He's doing just that:
EPA's War On Energy, Americans Continues
Investor's Business Daily editorial

The Obama administration is pushing the first rules ever to cut carbon dioxide emissions in new U.S. power plants. It's a move that's sure to make energy a lot more expensive for everyone.

Everyone, of course, likes cleaner air. But the new rules are so draconian that they will lead to an end of the construction of any power plant that uses coal.

The rules will force new power plants to put expensive new equipment to capture and bury emissions underground. If it sounds easy, it isn't. In fact, the equipment doesn't even exist yet.

Despite this, EPA Administrator Lisa Jackson is going ahead with the energy-unfriendly plan.

We wonder, what happened to the Obama administration's "all of the above" strategy? Why aren't we using all of our resources — including coal?

As has been noted before on these pages, the U.S. is the Saudi Arabia of coal. We have nearly 500 billion short tons of coal reserves in the U.S. — far more than any other country. It's enough to power U.S. energy needs for decades to come.

The White House claims that the new rules will impact only new plants. But in fact, in the past three years, the Obama administration has hit the utility industry with new regulations on mercury emissions and cross-border pollution as well.

This is all part of a pattern — a regulatory siege on energy providers intended to favor so-called "green" alternative energy sources, at the cost of traditional suppliers of electricity. The "goal," if it can be called that, is to reduce global warming — though even the EPA's Jackson admits the latest rules won't do that. [link]
Some say that Obama is not an ideologue. That he's just not up to the task of being president and is, therefore, making poorly thought-through decisions.

In fact, the decisions are calculated. And radical. And destructive.

It's no accident.

Our president declared his intention to make energy more expensive. He's doing as promised.

How fulfilled he and his supporters must feel.