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Obama plan: ‘Spike’ energy costs, kill 1.4 million jobs

July 9, 2011
Drew Zahn, WND

Industry group blasts White House decision to raise electricity bills now

Even before he was elected president, Barack Obama warned he would “bankrupt” the coal industry if necessary and purposefully spike Americans’ utility bills in order to force the nation into using less and cleaner forms of energy.

Now, industry partners warn, the White House is making good on that promise by issuing a new rule that will raise some Midwesterners’ electricity bills over 23 percent by 2016 and cost an estimated 1.44 million jobs by 2020.

Earlier this week, the Environmental Protection Agency finalized its new Cross-State Air Pollution Rule, which requires coal companies to dramatically cut sulfur dioxide and nitrogen emissions – which the EPA says travel across state lines and contribute to ozone pollution – by 2014.

And now… the rest of the story. …..

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