Before the election in 2008 Barack Obama told the San Francisco Chronicle that he would cripple the coal industry and bankrupt coal plants.
Hear Obama talk about bankrupting the Coal Industry and raise the cost of Energy in America if elected. Still think the 0ne is going to cut your taxes? He plans to put over 100K+ people out of work and raise the cost of living for all of us.
Three West Virginia coal plants just announced they will close this year.
Metro News reported:
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Ohio based FirstEnergy Corporation announces it will close three coal fired power plants in West Virginia by this fall. The closings come directly from the impact of new federal EPA regulations.
The plants to close are Albright Power Station, Willow Island Power Station, and the Rivesville Power Station. The company says 105 employees will be directly impacted.
The three plants produce 660 megawatts and about 3-percent of FirstEnergy’s total generation. In recent years, the plants served as “peaking facilities” and generated power during times of peak demand for power.
The plants operated under subsidiary Monongahela Power. Mon Power recently finished a study of unscrubbed coal fired plants in the system to determine the potential impact of the most recent environmental regulations from EPA. Company officials determined the EPA’s Mercury and Air Toxics Standards (MATS) made it unfeasible to retrofit or continue operating the three plants.
“The high cost to implement MATS and other environmental rules is the reason these Mon Power plants are being retired,” said James R. Haney, regional president of Mon Power and president of West Virginia Operations for FirstEnergy.