Source: Prison Planet
Paul Joseph Watson
Paul Joseph Watson
The cost of complying with draconian new EPA rules on carbon
emissions will force coal plants in Texas to close and increase the
likelihood of rolling blackouts, as the Obama administration’s vow to
“bankrupt” the coal industry takes full effect.
When rolling blackouts hit Texas at the start of the year, we wrote a series of articles
pointing out that President Barack Obama’s promise to “bankrupt” the
coal industry, in the form of draconian EPA regulations that would cause
older power plants to close, had contributed to the power outages.
Several of these articles were picked up by the likes of the Drudge
Report and Fox News, stoking a wider controversy.
In response, the White House Communications Director Dan Pfeiffer claimed in a blog post that appeared on WhiteHouse.gov that the story came from a “questionable” source and was “unquestionably false.” We then issued a rebuttal documenting how the blackouts were caused by a maxed-out power grid and not by “mechanical failures” as Pfeiffer claimed in his article.
Ten months down the line and the Austin-American Statesman reports today
that, “Texas could face power shortages as soon as next year as aging
plants are mothballed in response to new environmental standards,
according to the state’s grid operator and the organization that
monitors the U.S. power grids for the federal government.”
In other words, ourselves and other critics who warned that the EPA’s
draconian eco-regulations would cause rolling blackouts, after being
attacked by the White House, have been proven completely accurate.
“Already Dallas-based Luminant Generation Co., Texas’ largest
electricity generator, has announced it intends to idle two coal-fired
generating units as part of a plan to comply with the rule,” reports the Houston Chronicle.
Inadequate supply of power is being greatly exacerbated by coal and
natural gas plants being shut down because they cannot afford the
crippling EPA regulation fees, which will lead to “power shortages as
soon as next year”.
“The report by the North American Electric Reliability Corp. found
that many older power plants in Texas will be retired rather than
retrofitted to meet new federal emission standards,” reports the
Statesman, closures that have been welcomed by the likes of the Clean
Energy Group consortium, whose agenda is to promote the vehemently
discredited pseudo-science of man-made global warming.
The CEG group opposes the building of new plants or a delay in
implementing the EPA standards, demanding instead that Americans curtail
their energy use, or in other words lower their living standards to
satisfy the politicized, agenda-driven, money-making scam that is
climate change and the carbon credit industry, while huge corporations like General Electric get waivers and are not even subject to the EPA rules everyone else is forced to comply with.
As we have documented,
the entire carbon tax scam is a monumental fraud which does nothing to
help the environment even if you believe in climate change hysteria, in
that its primary purpose is to line the pockets of ‘carbon billionaires’
like Al Gore and Maurice Strong.
Obama’s support for Australia’s carbon tax is
unsurprising given the fact that he was “instrumental in developing and
launching the privately-owned Chicago Climate Exchange” via millions of
dollars in donations from the Joyce Foundation, with whom Obama served
as a director.
Carbon trading schemes are directly connected to people in third world nations like Honduras and Uganda being brutally evicted from their land and in some cases slaughtered in cold blood.
Western companies make billions from seizing land and using it to grow
trees in return for lucrative carbon credits which are then sold to
companies (via EPA mandates) under carbon tax schemes like the one just
passed in Australia.
Despite America still reeling from an economic collapse, the Obama
administration and the EPA is still committed to bankrupting the coal
industry in pursuit of a “green economy,” which has little to do with
the environment and everything to do with hollowing out America’s
industrial base so that the country may be more easily swallowed up by
the “post-industrial revolution” that remains the goal of the global
elite.
If you want to get a taste of just what effect this “green economy” will have on America, take a look at Spain, where the unemployment rate is over 22 per cent as a result of at least 2.2 jobs being lost for every “green” job created, in addition to soaring energy costs.