In January of 2008, then Senator and presidential candidate Barack Obama<\/a>, talking about his energy plan, told the San Francisco Chronicle<\/em>, \u201cWhen I was asked earlier about the issue of coal\u2026under my plan of a cap and trade system, electricity rates would necessarily skyrocket\u2026\u201d He wasn\u2019t kidding.<\/h2>\nHe was talking about the impact of Cap and Trade<\/a>, a bill he assumed Congress<\/a> would pass. Congress did not pass the bill, but the President is using the Environmental Protection Agency (EPA)<\/a> to implement to provisions of the bill without Congressional approval.<\/p>\nThe article reports:<\/p>\n
This isn\u2019t just hyperbole. A survey of electricity executive indicates 90 percent of them expect the costs of moving away from coal power plants to lead to higher electricity bills for consumers. More than half of the survey respondents predict at least a 10 percent increase<\/a>.<\/strong><\/p>\nMore than a survey, as Phil Kerpen, President of American Commitment, reports<\/a>:<\/strong><\/p>\n\u2026PJM Interconnection, the company that operates the electric grid for 13 states held its 2015 capacity auction\u2026The market-clearing price for new 2015 capacity \u2013 almost all natural gas \u2013 was $136 per megawatt. That\u2019s eight times higher than the price for 2012, which was just $16 per megawatt.<\/strong><\/p>\nBut don\u2019t expect this White House to care. They have no reason to. These price spikes are a few years away and will come long after President Obama will face voters for the last time. He\u2019ll either be a President in his last term or a former President, neither of which carry accountability.<\/strong><\/p>\nThe obvious questions here is, “What can we do to stop the dramatic rise in the cost of electricity (and these people want us to buy electric cars?)?” The only answer is for voters to become aware of what they are facing and share the information with other voters. As long as the Senate is controlled by Democrats, they will not pass legislation that will stop the attack on coal (and thus raise electricity prices). The only way to stop a drastic increase in the cost of lighting your home, cooking your food, watching television, and using your computer is to vote for Republicans for Congress in November.<\/p>\n
<\/strong>\u00a0<\/p>\n![\"Enhanced](\"http:\/\/img.zemanta.com\/zemified_e.png?x-id=a14cfda5-0984-479d-af68-392b100769bf\")
<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"America is to coal as Saudi Arabia is to oil. We have a lot of it and use it domestically to generate cheap electricity. Unfortunately, that is about to change. Breitbart.com\u00a0reported yesterday: In January of 2008, then Senator and presidential … Continue reading
The article reports:<\/p>\n
This isn\u2019t just hyperbole. A survey of electricity executive indicates 90 percent of them expect the costs of moving away from coal power plants to lead to higher electricity bills for consumers. More than half of the survey respondents predict at least a 10 percent increase<\/a>.<\/strong><\/p>\n More than a survey, as Phil Kerpen, President of American Commitment, reports<\/a>:<\/strong><\/p>\n \u2026PJM Interconnection, the company that operates the electric grid for 13 states held its 2015 capacity auction\u2026The market-clearing price for new 2015 capacity \u2013 almost all natural gas \u2013 was $136 per megawatt. That\u2019s eight times higher than the price for 2012, which was just $16 per megawatt.<\/strong><\/p>\n But don\u2019t expect this White House to care. They have no reason to. These price spikes are a few years away and will come long after President Obama will face voters for the last time. He\u2019ll either be a President in his last term or a former President, neither of which carry accountability.<\/strong><\/p>\n The obvious questions here is, “What can we do to stop the dramatic rise in the cost of electricity (and these people want us to buy electric cars?)?” The only answer is for voters to become aware of what they are facing and share the information with other voters. As long as the Senate is controlled by Democrats, they will not pass legislation that will stop the attack on coal (and thus raise electricity prices). The only way to stop a drastic increase in the cost of lighting your home, cooking your food, watching television, and using your computer is to vote for Republicans for Congress in November.<\/p>\n <\/strong>\u00a0<\/p>\n America is to coal as Saudi Arabia is to oil. We have a lot of it and use it domestically to generate cheap electricity. Unfortunately, that is about to change. Breitbart.com\u00a0reported yesterday: In January of 2008, then Senator and presidential … Continue reading <\/a><\/div>\n","protected":false},"excerpt":{"rendered":"