Rules that could ‘kill’? Safety, cost concerns over EPA’s new coal regs
Government involvement here is making things just insane.
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New clean-energy rules pushed through by the Obama administration are raising concerns that they could cripple the coal industry — and may require power plants to use technology so risky that even the president’s former top energy official once warned it could “kill.”
The EPA, by Friday, is expected to release a new proposal to set the first-ever carbon dioxide limits for new power plants.
To meet those emissions caps, power plants would likely have to use what is known as “carbon-capture technology,” which involves burying the carbon underground.
The technology, which is still under development, remains expensive and not commercially available. But there are lingering safety risks.