Friday, September 28, 2012

War on coal---- Weekend News


House votes to rein in 'war on coal' after latest round of industry layoffs

House Democrats joined Republicans Friday in voting to restrain environmental regulators from hurting the coal industry, battling what mining-state lawmakers call a "war on coal" that just cost another 1,200 jobs. 
The 233-175 vote to approve the "Stop the War on Coal Act" marked the final vote in the chamber until mid-November. Nineteen Democrats joined the majority in voting for the bill. 

The proposals would bar the Environmental Protection Agency from restricting greenhouse gases, quash stricter fuel efficiency standards for cars and give states control over disposal of harmful coal byproducts. The vote coincides with a fresh campaign-trail effort by Mitt Romney to hammer President Obama over the impact the EPA's policies have had on the industry. It also comes after company Alpha Natural Resources announced earlier this week that it was eliminating 1,200 positions, closing eight coal mines across three states. The company cited a difficult market in which power plants are switching to abundant, less-expensive natural gas and "a regulatory environment that's aggressively aimed at constraining the use of coal." 

Within the next three to five years, more than 200 coal-fired electric generating units will be shut down across 25 states due to EPA regulations and factors including cheap natural gas, according to a new report by the American Coalition for Clean Coal Electricity (ACCCE).
“This is further evidence that EPA is waging a war on coal, and a war on affordable electricity prices and jobs. EPA continues to ignore the damage that its new regulations are causing to the U.S. economy and to states that depend on coal for jobs and affordable electricity,” said Mike Duncan, president and CEO of ACCCE, in a statement.

Read more: http://dailycaller.com/2012/09/21/report-more-than-200-coal-fired-generators-slated-for-shutdown/#ixzz27DM2JRul

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