Obama’s War on Coal… is Over!

In a major boost to jobs and the economy, EPA Administrator Scott Pruitt announced Monday that the administration is moving to officially scrap the Clean Power Plan, President Obama’s signature regulatory program to kill the coal industry by curbing emissions from coal-fired power plants.

“The war on coal is over,” Mr. Pruitt said. “Tomorrow in Washington D.C., I will be signing a proposed rule to roll back the Clean Power Plan. No better place to make that announcement than Hazard, Kentucky.”

Yes, the war on coal is over, America Won.

Of course, liberal politicians and the mainstream media (that’s redundant isn’t it?) will call it a blatantly anti-environment move, the truth is that the announcement is another pro-Jobs move by President Trump that will especially help minority communities.

The Clean Power Plan was the centerpiece of Obama’s Climate Action Plan. It was announced in June 2013 and complied with his Paris climate deal pledge that the U.S. would cut its carbon emissions by as much as 28 percent off of 2005 levels by 2025.

In anticipation of the plan which places heavy restrictions on coal-burning power plants being implemented (it was placed on hold by the Supreme Court in 2016), the coal industry became even more depressed than the initial Obama anti-coal efforts, but it would affect much more than the coal economy.

The plan is a disaster on so many levels, the most important of which is that it will kill jobs from all industries, as US economy will find it hard recover from these regulations.  The Obama rule was looking to replace cheap energy with more expensive alternate energy.

In other words, it not only raises the cost of energy for the individual households, but also the cost of goods for companies creating and marketing products resulting in higher costs for just about everything…including staple goods.

If implemented the Obama program will generate a rise in the price of energy, leading to a rise in the price of consumer goods, that will place the heaviest burden on middle and lower economic class families.

And that doesn’t take into account that the rule deals another Obama blow against business resulting in more unemployment, higher government costs, and energy price inflation…

 

Read the Rest of the Story at the Lid

Please leave your comments below