November surprise: EPA planning major post-election anti-coal regulation

[txradioguy]

President Obama’s Environmental Protection Agency has devoted an unprecedented number of bureaucrats to finalizing new anti-coal regulations that are set to be released at the end of November, according to a source inside the EPA.

More than 50 EPA staff are now crashing to finish greenhouse gas emission standards that would essentially ban all construction of new coal-fired power plants. Never before have so many EPA resources been devoted to a single regulation. The independent and non-partisan Manhattan Institute estimates that the EPA’s greenhouse gas coal regulation will cost the U.S. economy $700 billion.

The rush is a major sign of panic by environmentalists inside the Obama administration. If Obama wins, the EPA would have another four full years to implement their anti-fossil fuel agenda. But if Romney wins, regulators will have a very narrow window to enact a select few costly regulations that would then be very hard for a President Romney to undo.

Environmentalists at the EPA pulled this trick before in 2000 when the Clinton administration rushed out a finding that Mercury emissions from power plants were a growing public health threat pursuant to the Clean Air Act. That finding did not regulate power plants itself, but it did force the Bush administration to begin a lengthy regulatory process. The Obama EPA has estimated that this regulation alone will cost the U.S. economy $10.9 billion a year.

http://washingtonexaminer.com/novemb...8#.UJbkMoW1-AI

[SaintLouieWoman]

Good thing that we didn't invest in Peabody Coal or Patriot Coal on the advice of our broker (pre Obama). Patriot Coal has filed for bankruptcy and Peabody Coal's , a formerly excellent company, stock has tanked. I was thinking it might have been a good investment, an outright gamble, to get this stock right before the election anticipating a Romney win.

But it looks like those lovely EPA people are determined to take the industry down, no matter who wins the election. God, I wish Obama and crew would just leave the scene, never to be heard from again.

[txradioguy]

Good thing that we didn't invest in Peabody Coal or Patriot Coal on the advice of our broker (pre Obama). Patriot Coal has filed for bankruptcy and Peabody Coal's , a formerly excellent company, stock has tanked. I was thinking it might have been a good investment, an outright gamble, to get this stock right before the election anticipating a Romney win.

Well I think we've finally found an Obama campaign promise he actually came through on.

“So if somebody wants to build a coal plant, they can – it’s just that it will bankrupt them.“

This is one promise I wish he hadn't kept. And I bet all the now unemployed coal miners feel the same way.

But it looks like those lovely EPA people are determined to take the industry down, no matter who wins the election. God, I wish Obama and crew would just leave the scene, never to be heard from again.

There is a reason why firms like Landmark Legal are trying to get a look at what legislation the EPA is purposely holding back until after the election tomorrow.

One of their draconian edicts is said to involve fracking...and how to shut down it's use.

[Zeus]

Tomarrow America will say Now !!!

[Starbuck]

............One of their draconian edicts is said to involve fracking...and how to shut down it's use......

I'm reading T Boone Picken's book, "The First Billion is The Hardest". He says that fracking was invented in 1947 - he did his first in 1953. The President has said it was invented by the Department of Energy about 30 years ago.
Pickens also point out that over 10,000 fracking wells have been drilled over the Ogallala aquifer, which goes from Texas to South Dakota.

But I'm sure you're right. If it's good for the USA, the Democrats will fight it tooth and nail.

[AmPat]

January surprise: President Romney closes down EPA.

[Wibbins]

The irony of course is how liberals are so quick to say they care about the poor and needy when their polciies sare the ones taht actually cause the poor or suffer MORE, we can't have cheap fuel so that someone barely scrapping by can stay warm.