Heartland: EPA Finds New Way to Skin the Cat

HEARTLAND.ORG, 6/16/2011 by James M. Taylor - American Electric Power has announced new EPA regulations will force it to close five coal-fired power plants, pay for expensive retrofits for at least a dozen more, eliminate 600 jobs, and substantially increase the price it charges for electricity. ∴ AEP’s announcement came on the heels of a National Economic Research Associates Inc. report finding EPA’s new regulations will cause an 11.5 percent increase in U.S. electricity prices above baseline projections and will kill 144,000 jobs by the year 2020. AEP relied entirely on government data for most of its assumptions.

Coal Plants Closing Prematurely... Read more at Heartland.org