EPA's first salvo in their war on CO2

The US sits on the largest reserves of coal in the world. But after the EPA gets its way, the fuel won't be worth the trouble to get it out of the ground. Washington Post: The Environmental Protection Agency will issue the first limits on greenhouse gas emissions from new power plants as early as Tuesday, according to several people briefed on the proposal. The move could end the construction of conventional coal-fired facilities in the United States. The proposed rule -- years in the making and approved by the White House after months of review -- will require any new power plant to emit no more than 1,000 pounds of carbon dioxide per megawatt of electricity produced. The average U.S. natural gas plant, which emits 800 to 850 pounds of CO2 per megawatt, meets that standard; coal plants emit an average of 1,768 pounds of carbon dioxide per megawatt. Industry officials and environmentalists said in interviews that the rule, which comes on the heels of tough new...(Read Full Post)