“EPA is doubling down on its economically destructive plan to essentially end the construction of new coal-fired power plants in America. The proposed standards would require the use of expensive new technologies that are not commercially viable. We are the Saudi Arabia of coal, but this impractical rule restricts access to one of our most abundant, affordable, and dependable energy sources. The consequences will be more job losses and a weaker economy. These stringent standards will actually discourage investment and the development of innovative new technologies that can help us meet the world’s future energy and environmental challenges. The right policies should embrace our energy abundance as part of the solution. The committee will soon hold a hearing on this latest regulatory grab as part of our ongoing effort to protect Americans and jobs from unnecessary and costly red tape,” said Upton.
“President Obama and his EPA have once again moved forward with an extreme regulation that makes it illegal to build a coal-fired electricity plant in America. This move is another attempt to bankrupt the coal industry to fulfill a campaign promise to radical environmentalists. For example, the cleanest coal-fired electricity technology available is known as ultra-supercritical. EPA’s extreme regulation sets an emission limit that not even an ultra-supercritical plant can meet,” said Whitfield. “Sadly, electricity consumers will pay the price, making our economy less competitive in the global market place. Even though the president is taking these extreme steps, they do nothing to curb global greenhouse gas emissions, which even his own EPA administrator acknowledged in my hearing earlier this week. As Chairman of the Energy and Power Subcommittee, I intend to hold hearings to examine every aspect of this regulation. If it is as bad as we think it’s going to be, I, along with other Republicans and Democrats in the United States Congress, will take every step possible to prevent this regulation from taking effect. We simply cannot afford to place America at an economic disadvantage, particularly when CO2 energy-related emissions are at their lowest levels in 20 years.”