Obama Clean Power Plan Tries to Pick Energy Winners & Losers

EIAWe’ve written plenty about President Obama’s so-called Clean Power Plan (CPP), introduced last summer, a plan to force electric generators to convert to using more “renewable” sources of energy–and less fossil fuels (see Obama Stabs Natural Gas Electric Plants in Clean Power Plan). The CPP outright assassinates coal powered generation, and wounds (but doesn’t kill) natural gas. It is Obama’s attempt at picking winners and losers in who and how we get our energy. We all saw how that worked out with Solyndra. Earlier this year 29 states and state agencies, including Ohio and West Virgina, filed an application with the U.S. Supreme Court seeking an immediate stay of the CPP (see 29 States Ask Supreme Court to Stop Obama Clean Power Plan ASAP). In a shock decision, the Supreme Court did just that (see Supreme Court Shocker – Justices Halt Obama’s Clean Power Plan). While we wait for the case to work its way through the Court of Appeals, and then (likely) on to the Supreme Court, states and companies are in limbo. Some are pushing forward with an attempt to comply with the onerous rules and regulations that are part of the CPP. Our favorite U.S. Senator, Jim Inhofe of Oklahoma, is telling states and companies they should NOT comply, according to the Supreme Court’s decision. The U.S. Energy Information Administration has played “what if?” with CPP compliance. How will the electric power generation mix look if the CPP is adopted as proposed, if it’s not adopted, or if it’s adopted in a revised form. Which sources of energy production win, and which ones lose, under such scenarios?…

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