The Obama administration is unveiling one of the boldest attempts yet to combat global warming and clean up the air we breathe.
The reduction in power plant emissions is likely to deliver another blow to the already reeling coal industry.
Alpha Natural Resources released this statement to us following the EPA's announcement:
"The EPA's continued assault on reliable, affordable energy for all Americans has always been grounded in ideology rather than sound science, and now we have yet another set of regulations that would sacrifice our fragile economic recovery for negligible climate benefits.
The EPA is unable to make a single verifiable claim that their regulatory broadside against coal-based electricity is doing anything to meaningfully reduce global climate change. We as a nation must hold the unelected bureaucrats in Washington accountable for that.
Energy costs ripple through all good and services we buy and use in this country, so if you buy virtually anything, you're going to pay more thank to this Administration. Those that will be hurt most are the millions of low-income and fixed-income households who already struggle with their daily bills.
Already, this past winter EPA power plant rules pushed our nation's electric grid close to the edge of blackouts; these new rules threaten to complete the deal."
We spoke with U.S. Senate candidate Ed Gillespie Monday, and he told us the cuts would be deep. "These new regulations on carbon emmissions will kill, according to the Chamber of Commerce, 244,000 jobs a year, every year for the next 15 years," he said. "It will cost the average family of four up to $1,200 a year in higher energy costs."
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