US Supreme Court Knocks Down Draconian EPA Emissions Rule

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Too little, too late is what sums up yesterday's U.S. Supreme Court decision that slaps the federal Environmental Protection Agency (EPA) for not considering cost when implementing draconian new rules limiting certain emissions from coal-fired electric power plants. Many coal plants have already shut down and many more are in the process of shuttering--driven out of business by the EPA's draconian (unlegislated) laws. The small victory is that it pushes back against an out-of-control Obama EPA--perhaps slowing them down just a bit. One analyst said the Supreme Court decision translates into a "big win" for natural gas. How? Because the draconian new rules won't go into effect right away, that means natural gas will continue to pick up momentum as the best alternative to coal, shutting out solar and wind power as alternatives. Nothing against solar and wind (we love them both), but they're WAY more expensive than natural gas--and last time we checked, we still live in sort-of free country that sort-of uses capitalism and sort-of has free choice when it comes to power. Which is sort-of good news for natural gas...

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