EPA Rule Ends Obama's War on Economic Reality
- December 10, 2018
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WASHINGTON, Dec. 6 -- The American Energy Alliance issued the following statement:
This afternoon, the EPA proposed a rule lifting carbon dioxide emission requirements for new and modified coal power plants, a reform of an Obama-era rule which effectively mandated presently uneconomic carbon capture technology.
American Energy Alliance President Thomas Pyle made the following statement:
"The Trump Administration's move to ease Obama-era restrictions on clean coal technology is yet another action towards bringing Obama's 'War on Coal' to an end, and is fully within EPA's power to do.
"The Obama-era rule defied economic reality, making the opening of new coal plants all but impossible by requiring expensive, impractical carbon capture technology.
"For the last decade, regulations have been strangling the coal industry, which provides millions of Americans with affordable and reliable energy. In 2008, President Obama famously said '...if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them...' We are pleased that the Trump Administration has taken yet another action to stop the political and regulatory assault on beautiful, clean coal."