While Obama and his loyal media tell America that the recovery is in full-swing, the rest of the nation is about to suffer another blow as the president’s energy policy causes catastrophic changes to the electricity generation industry.
According to a Fox News report:
The energy industry and coal-producing states are projecting a wave of power plant closures in the final two years of the Obama administration as Environmental Protection Agency regulations take hold.
The goal of the agency’s campaign is to cut down on carbon pollution. However, industry groups and agencies say the EPA’s demands are simply too difficult to meet and will lead to powering down many facilities — eliminating hundreds of jobs and hurting cash-strapped state economies.
In a continuing effort to pander to the whining left and live up to a pre-election promise, Obama is making sure that energy costs “necessarily skyrocket” as a way to magically make his failing green-energy investments pay off.
Solyndra was just a canary in the coal mine (how ironic that phrase is now.) The entire green energy play is too expensive for the typically American family to afford and company-after-company simply folds up after sucking in millions, or billions of taxpayer dollars.
Many Americans are living paycheck-to-paycheck as energy prices affect grocery bills, transportation costs, heating bills and just about everything else.
The President wants to make energy more expensive – at whose cost?