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The EPA will propose as soon as today the first ever standards to cut CO2 emissions from new...

The EPA will propose as soon as today the first ever standards to cut CO2 emissions from new power plants, sources say. The rules are likely to be politically divisive, and could hurt companies that generate most of their power from coal, such as Southern Co (SO) and American Electric Power (AEP).
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Comments (4)
  • davidingeorgia
    , contributor
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    Well, of course. It's not like we live in a representative democracy anymore where the *elected* government gets to decide things like this. The little fascist bureaucrats run our lives now.
    27 Mar 2012, 06:12 AM Reply Like
  • davidingeorgia
    , contributor
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    I guess there must have been a lot of coal-fired electric plants back in Medieval times, too.

     

    http://bit.ly/Heo3kD
    27 Mar 2012, 03:01 PM Reply Like
  • words
    , contributor
    Comments (76) | Send Message
     
    More clarification is in order. Nevertheless it appears the rules apply prospectively to new construction but will impair and endanger existing facilities. But more importantly there is little doubt of likely economic peril administrative agencies such as the EPA bring to bear upon the public.

     

    There is too little attention given to the massive burden administrative agencies bring to American taxpayers and the general public due to their extralegal powers. No government agency should be able to operate above reproach and build apparently unassailable bureaucratic enclaves where self-interest overrides common sense practability. Most government agencies although initially formed with good reason and intention unfortunately fall victim to political pandering, counter productivity, empire building and ultimately of costly incompetence. The EPA is a strident example. It is time to either dismantle them or greatly limit their authority.
    27 Mar 2012, 06:22 PM Reply Like
  • rayheem
    , contributor
    Comments (33) | Send Message
     
    Southern has a new nuclear power plant in the works. I am not aware of any new coal fired plants under construction for SO. I think that the three primary candidates running for President are talking about reducing the effectiveness of the EPA.
    27 Mar 2012, 10:37 PM Reply Like
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