May, 21 2012
A Bloomberg Government Study has found:
• New coal plants would effectively be banned because their emission rate is almost double that of the proposed standard.
• The new policy probably wouldn't shift current investment patterns in the power sector. Natural-gas plants already have a compelling price advantage.
• Although the rule makes room to build coal plants that incorporate carbon capture and storage technology, coal plants with CCS probably won't be built unless Congress enacts new programs to subsidize them.
We the undersigned wish to express our support for those in elected office who would consider the economic impact that the new EPA rules would have on West Virginia. We further support the efforts of the WV Coal Forum in their attempts to educate West Virginians and our elected leaders about the effect of the new rules on our local economies and further, the Coal Forum's effort to always advocate for West Virginia coal
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