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President Obama is Delivering on his Promise to Make Electricity Prices "Skyrocket"

According to the Washington Post, the Environmental Protection Agency’s (EPA) proposed greenhouse gas regulation released today will severely limit the amount of carbon dioxide that can be released from newly constructed power plants to no more than 1,000 pounds of carbon dioxide per megawatt of electricity produced. Since on average coal plants emit amount 1,768 pounds of carbon dioxide per megawatt, the new rule will essentially ban construction of new coal-fired power plants.

This means the EPA’s new greenhouse gas rule will essentially end the use of coal as a power source in our country.

The proposed regulation will ban future construction of new coal-fired power plants and force utilities to use other power sources such as natural gas, wind and solar power. Through the regulatory boot of the EPA, President Obama is bankrupting the coal industry.

Other considerations:

  • Obama is delivering on his promise to make electricity prices “skyrocket” and to bankrupt utilities that choose to use coal as a power source;
  • American coal will be exported to China putting our country at a competitive disadvantage for cheap power;
  • The new rule removes coal as a competitor for electricity making way for Obama’s renewable alternatives wind and solar;
  • The new rule bails out Obama’s crony capitalist allies such as GE CEO Jeff Immelt who needs the government to rescue the floundering renewable energy business (solar and wind power).

The new EPA proposal on greenhouse gas emissions follows the Utility MACT and Cross-State Air rules issued last year by the agency. The latter two regulations are forcing utilities to close over fifty coal-fired power plants and are raising concerns about the future reliability of the country’s power grid. Coal currently provides about 40 percent of the nation’s electricity.

EPA’s new proposed rule for coal-fired utilities is a death sentence for the domestic use of coal.

The attached list from the National Mining Association documents the number of coal plants that will be closing due to the EPA’s Utility MACT rule and the Cross State Air rule.

I have dedicated an entire chapter on energy in my new book, “Blacklash: How Obama and the Left are Driving Americans to the Government Plantation.”

Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a host, Outreach Director with overseeing its outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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