Obama Regulations To Shut Down 40 Percent Of Nation’s Electricity | The Minority Report Blog:
"If that wasn’t bad enough, some observers think the regulations could double electricity rates for average households.
The rates would increase because utilities would have to pass the cost onto ratepayers of replacing coal burning power plants or modernizing them to comply with the regulations.
The EPA rules — Carbon Pollution Standards for New Power Plants — are part of Obama’s plan to reduce greenhouse gas emissions which the agency says contribute to global warming."
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