First, remember when Candidate Obama said this?
FLASHBACK: Obama Promised Electricity Costs Would Skyrocket
Hot Air ... "In order to comply with the new Obama era EPA regs, American Electric Power, which supplies a major portion of the electricity used on the east coast, will be closing almost one quarter of their coal fired plants between now and next June. This is because they were economically unable to come into compliance with the new regulations in the impossibly short window of opportunity offered by the EPA. This is going to reduce the total surge capacity available for some of our most densely populated areas just when we may get hit with weather related demand spikes beyond anyone’s control.
"Having the power go out in the summer when you’re trying to run the air conditioning is bad enough. Losing heating when the temperatures head below zero for weeks on end is a recipe for disaster."
Full release:
FLASHBACK: Obama Promised Electricity Costs Would Skyrocket
Hot Air ... "In order to comply with the new Obama era EPA regs, American Electric Power, which supplies a major portion of the electricity used on the east coast, will be closing almost one quarter of their coal fired plants between now and next June. This is because they were economically unable to come into compliance with the new regulations in the impossibly short window of opportunity offered by the EPA. This is going to reduce the total surge capacity available for some of our most densely populated areas just when we may get hit with weather related demand spikes beyond anyone’s control.
"Having the power go out in the summer when you’re trying to run the air conditioning is bad enough. Losing heating when the temperatures head below zero for weeks on end is a recipe for disaster."
Full release:
This morning, the Obama administration will announce new EPA rules that will keep the president’s infamous promise that “electricity rates would necessarily skyrocket.” The promise was so clear, so brazen, that it’s worth taking another look. The president’s plan would indeed cause a surge in electricity bills – costs stand to go up $17 billion every year.
But it would also shut down plants and potentially put an average of 224,000 more people out of work every year. It’s a sucker punch for families everywhere paying more for just about everything in the president’s fragile economy.
That’s why the House has already passed legislation that would prevent these rules from taking effect without congressional approval. Senate Democrats concerned about “pocketbook issues” should take it up immediately.
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