A new rule coming soon from the Environmental Protection Agency should put to rest any doubts about whether the Obama administration wants to drive a stake through the heart of the coal industry.
Fans of the president take umbrage at Republicans' depiction of the administration's objectives as a “war on coal.” But the new rule, regarding greenhouse gas emissions, would make it virtually impossible for any company to build a coal-fired power plant in this country.
The Wall Street Journal, citing a source who had seen the proposed rule, reported Thursday that the rule would mandate an emissions limit of 1,100 pounds of carbon dioxide per megawatt hour for coal plants and 1,000 pounds for large gas-fired plants. That's only a slight revision from last year, when the EPA received considerable blowback over the proposed rule.
According to the Journal's sources, the revised rule would, as the newspaper put it, “ban new coal plants, which generally release about as much carbon dioxide as the proposed limits.” The newspaper said that “even the newest, most advanced coal-fired plants in the world would fall far short of that revised standard.”
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