EPA regulations will raise your electric bills, threaten the grid
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EPA regulations are going to raise your family鈥檚 electricity bills, and hurt the bottom-line of countless small businesses. And the Government Accountability Office 谤别肠别苍迟濒测听聽finding four different regulations won鈥檛 just hurt your finances, they can hamper America in another way: threatening the stability of the electrical grid.
Grid reliability is imperative for any developed nation. Along with our transportation systems, it鈥檚 the backbone of commerce.聽 According to the prominent experts at ICF Consulting, the 2003 New York City blackout cost the nation between $6.8 and $10聽产颈濒濒颈辞苍听dollars.
And yet EPA regulations are so hastily enacted, they can actually harm the reliability of the grid. The Washington聽贰虫补尘颈苍别谤听:
The EPA鈥檚 timeline for complying with the new rules could cause some plants to close that could have been retro-fitted had the owners had more time to do so鈥聽EPA believes that 鈥渁 moderately-paced鈥 effort to retrofit the coal plants will suffice, but coal industry representatives say it 鈥渕ight be challenging to complete retrofits or retirements by the compliance deadline for MATS,聽in some cases.鈥 The main difficulty, they warned, would be the regulatory approvals that must be received in order to carry out the retrofits.
And I agree, as I recently wrote in the聽:
The EPA鈥檚 approach over the past few years has been short-sighted and dangerous鈥 for the past few years, this EPA has sought to remove coal from our nation鈥檚 energy mix. Since 2008, the EPA has released an onslaught of regulations on the coal industry 鈥 that will result in increased energy prices, lost jobs and less reliable electricity for millions of American families and businesses.
The government鈥檚 own investigator has found this to be true. And the U.S. Court of Appeals just recently highlighted this by telling the EPA that their rule wasn鈥檛 just poorly conceived, it聽. It鈥檚 time for the EPA to start evaluating the wisdom of their policies, and exercise restraint鈥攂efore the unintended consequences becomes terrible realities.