� Sunday Morning Open Thread | Main | Sunday Morning Book Thread 01-27-2013: Unexpected Books [OregonMuse] � As Promised, Obama Energy Policy Bankrupts New Coal Plant From Vic in the morning thread comes this piece: �Chase Power � has opted to suspend efforts to further permit the facility and is seeking alternative investors as part of a plan of dissolution for the parent company,� Chase CEO Dave Freysinger told the Corpus Christi Caller-Times. Freysinger made it very clear who was responsible for the projects death. �The (Las Brisas Energy Center) is a victim of EPA�s concerted effort to stifle solid-fuel energy facilities in the U.S., including EPA�s carbon-permitting requirements and EPA�s New Source Performance Standards for new power plants,� he said. ... �These costly rules exceeded the bounds of EPA authority, incur tremendous costs, and produce no real benefits related to climate change,� Freysinger commented

As a reminder, the executive branch, Obama's EPA, took these actions unilaterally after congress wouldn't cut the economy's throat by passing cap & trade. Who could have possibly predicted the outcome of such a policy? TFG, that's who. The only thing I've said with respect to coal, I haven't been some coal booster. What I have said is that for us to take coal off the table as a (sic) ideological matter as opposed to saying if technology allows us to use coal in a clean way, we should pursue it. So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them. And bankrupt them it did. Well done, low-info voters.

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