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The EPA announces that its new rule for pollution limits CO2 emissions from power plants to 1K...
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Tuesday, March 27, 2012, 11:36 AM ETThe EPA announces that its new rule for pollution limits CO2 emissions from power plants to 1K tons per megawatt. Though the new regulation is viewed as a "coal-killer" by many analysts, coal ETFs PKOL, KOL are both up moderately for the day as the CO2 rule is likely to face political challenges and the news is already baked in to prices.
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Now it's promulgating new codes for the regulation of non-existent pollutants. It needs to be slapped down by Congress and, we hope for change, new leadership from the front come January 2012.
The irony is that all the Mr. Bean Green Machines pushed on us by progresives run on coal. Oh well, I guess they don't learn at Columbia that the cord thingy that's plugged into the wall isn't powered by magic--or academic hot air.
was that..."energy prices would be going up".
As the prices for energy rises,
Obama's poll numbers should decline, possibly into the 30 percentile range.
People vote their "wallets", and empty wallets can in no way be a positive for the current administration.
Yes they vote with there wallets,but, 55% have no wallets an have lived off our wallets an they will vote for that to continue.. Obama has 4 more an we shall suffer BIG as he will use Executive Orders like t/p ! Sad
Their plan to destroy the country is moving right along.