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Americans will have to pay much higher electricity prices despite the minuscule benefits of the Clean Power Plan

Killing an American Industry: Coal


“And Obama has largely destroyed reliable, low-cost, affordable electricity in America.” Robert E. Murray, Chairman of the Murray Energy Corporation According to the Energy Information Administration’s Short-Term Energy Outlook, natural gas is expected to overtake coal as the major source of electricity generation this year. In 2008, coal’s share of electricity generation was over 50 percent, but it dropped to 33 percent in 2015, as natural gas prices decreased and Obama’s policies against coal began taking effect. President Obama’s regulations have caused electric power companies to shutter over 400 coal-fired power plants that would be too costly to upgrade with the pollution controls required to meet EPA’s newest regulations. According to the Sierra Club, the coal-fired plants retired last year equals the entire coal capacity of Britain.(i]
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