Sunday, August 28, 2011

"Coal and Oil Provides the Shelter from Irene"

"With the vital role of American energy in keeping us alive and well, you’d think that exploration and extraction would be encouraged, that permits would be streamlined, and that power plants would be popular. Not! James Wood, deputy assistant secretary for the U.S. Department of Energy says, “New regulations from the Environmental Protection Agency mean a lot of coal-fired power plants will shut down soon. The approval of new rules for air pollution, water pollution and waste disposal could result in the retirement of between 35 and 70 gigawatts of coal-fired power generation nationwide, with EPA predicting much less and some analysts predicting much more.”"

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