President Obama told America in 2008 that “if you want to build a coal plant, you can, but it will bankrupt you.” Now, he is using EPA’s ‘Clean Power Plan’ to hurt the states that generate power largely from coal—states that have the lowest electricity prices in the nation due to their inexpensive and dependable coal-fired generation. President Obama wants to close these coal-fired power plants down prematurely and build wind and solar plants in their place independent of the quality of wind and solar resources in the state. He will be closing plants that generate electricity for a mere 3.84 cents per kilowatt hour and replace them with plants that are about 3 times more expensive.(i] And now, American electricity consumers and taxpayers—who will be providing lucrative subsidies for these new plants—will be footing the bill.
