Energy Costs to Skyrocket by “70 or 80 Percent” Due to Obama Clean Coal Rules

Energy Costs to Skyrocket by “70 or 80 Percent” Due to Obama Clean Coal Rules

The cost of electricity is set to soar, thanks to President Obama’s ‘Clean Coal’ rules.

Deputy Assistant Secretary for clean coal at the Department of Energy, Dr. Julio Friedmann, reported to congress that the first generation of carbon capture and storage technology would increase wholesale electricity prices by “70 or 80 percent.”

He said that increase estimate was for wholesale prices only. Does anyone believe the increased cost to the consumer will be less than that?


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  1. Dukes

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