An Obama administration official has said that the new clean coal rules could increase electricity prices by as much as 80 percent.The Obama regime's war on the middle class.
Dr. Julio Friedmann, the deputy assistant secretary for clean coal at the Department of Energy, told House lawmakers that the first generation of carbon capture and storage technology would increase wholesale electricity prices by “70 or 80 percent.”
The Obama administration’s plan to fight global warming includes limiting carbon dioxide from new power plants. In order for new coal-fired power plants to be built, however, they would need to install costly carbon capture and storage (CCS) technology.
Wednesday, February 12, 2014
EPA ‘clean coal’ rule would increase power prices by 70 or 80 percent
The Daily Caller reports:
