Necessary skyrocketing

Sky high.

Here it comes.  DirectorBlue (Doug Ross) has a superb summary of recent updates on the colossal increase in electricity prices being imposed by the Obama EPA.  With the ongoing and prospective shutdown of coal-fired generating plants throughout the Northeast, the recent power-capacity auction for the year 2015 produced a market-clearing price of $136 per megawatt, or eight times the price from the 2012 capacity auction.

For northern Ohio, the price was a surreal $357 per megawatt – because northern Ohio has been heavily reliant on coal plants that will all be shut down by 2015.

These increases can only be passed on to the consumer – or taxpayer.  Again, Continue reading “Necessary skyrocketing”

The EPA assault on Texas

Got energy? Not for long.

The necessary precondition for Texas’s unique economic success – a beacon in a deep recession – is energy.  And the EPA is closing in for the kill.

This would be one thing if Texas were an outlier among the 50 states in terms of dirty air or an otherwise demonstrably imperiled environment.  But the truth is closer to the opposite:  the air in Texas has been getting cleaner; in the urban areas, much cleaner.  And in spite of being by far the largest electric power producer of the 50 states, and heavily reliant on coal, Texas has been steadily reducing its emissions of the EPA’s least-favored compounds from coal combustion (e.g., sulfur dioxide and nitrous oxide). Its emissions of NOx and SO2 are substantially lower than the national average; Texas is ranked the 11th lowest in NOx emissions (.098 lb/mmBtu in 2009, versus a national average of .159 lb/mmBtu), and 24th in SO2 (.309 lb/mmBtu in 2009, versus a national average of .458 lb/mmBtu).

But the EPA isn’t really making the argument that Texas is an environmental pigsty. Continue reading “The EPA assault on Texas”