KILLING THE MIDDLE CLASS–
Barack Obama’s deputy assistantant secretary for clean coal told Congress this week the new clean coal rules will increase energy costs by 70 to 80 percent.
The Daily Caller reported:
An Obama administration official has said that the new clean coal rules could increase electricity prices by as much as 80 percent.
Dr. Julio Friedmann, the deputy assistant secretary for clean coal at the Department of Energy, told House lawmakers that the first generation of carbon capture and storage technology would increase wholesale electricity prices by “70 or 80 percent.”
The Obama administration’s plan to fight global warming includes limiting carbon dioxide from new power plants. In order for new coal-fired power plants to be built, however, they would need to install costly carbon capture and storage (CCS) technology.