Clean Power Plan Repeal Will Save $33 Billion in Compliance Costs
The Washington Free Beacon quotes Myron Ebell on her opinion of how cutting the Clean Power Plan will afford the administration $33 billion.
Repealing the Clean Power Plan will save $33 billion in costs passed onto energy consumers, according to senior Trump administration officials.
The Environmental Protection Agency formally began the process of repealing the Obama era rules on limiting carbon emissions of power plants on Tuesday, with Administrator Scott Pruitt declaring the “war on coal is over.”
“This is a huge step toward dismantling the Obama Administration’s war on affordable energy,” said Myron Ebell, director of the Competitive Enterprise Institute. “Repealing the CPP will spur new investment and create new jobs in energy-intensive manufacturing and resource industries. States will now not be forced to close coal-fired power plants or replace them with more expensive and less reliable types of energy.”
Read the full article at the Free Beacon.