EPA’s forced closing of U.S. power plants will disrupt food supply, cause empty shelves at grocery stores
by: J. D. Heyes
Thursday, June 12, 2014
With President Obama’s direction and approval, the Environmental Protection Agency has just issued new rules supposedly aimed at reducing “harmful emissions” but which critics say will do nothing but force a dramatic increase in energy prices and an overall decline in production of food and other commodities.
“Specifically, the EPA is proposing state-specific rate-based goals for carbon dioxide emissions from the power sector, as well as guidelines for states to follow in developing plans to achieve the state-specific goals,” says a summary of the massive 645-page rule [PDF].
The rules seek to reduce carbon emissions by 30 percent below 2005 levels, which the EPA says is equal to the emissions from powering more than half of the homes in the U.S. for one year.
But critics note that the rule would essentially cause the shuttering of dozens of domestic coal-fired power plants because of its reliance on emissions-control technology that does not currently exist. Furthermore, they note that the process of building additional, cleaner-burning plants can take years to wind through bureaucratic red tape. The result will be a dearth of energy production that could lead to rolling blackouts and power grid failure and cost hundreds of billions in lost productivity and higher energy costs. Experts in Britain have issued similar warnings about blackouts and electricity scarcity, as power plants there are scheduled to be closed as well.
‘Our worst fears’