Will Coal Regulations Hurt Working Families?
In a RealClearPolicy original piece, the Franklin Center's Jason Stverak argues they will:
Coal is mined in 25 states and is responsible for over 550,000 American jobs, most of them blue-collar. It's also the cheapest source of electricity available -- 22 of the 25 power plants with the lowest operating costs in the U.S. are fueled by coal -- which is a major reason why Americans enjoy some of the lowest electricity costs of any free-market economy.
No matter which way you look at it, coal is the backbone of American power. With 272 billion tons of coal -- one quarter of the world's coal supplies -- readily available within our borders, it is a secure, low-cost fuel, and it accounts for nearly half of the nation's electric power supply. The administration has not yet released the precise details of its plan, but a emission limits could cause utility rates to skyrocket and cut to the core of our nation's system of generating power -- precisely the goal of the green groups cheering Obama's anti-coal agenda.
Read the whole thing here.