The Clinton Herald, Clinton, Iowa

Opinion

October 6, 2012

READER'S LETTER: President not good for coal industry

CLINTON — Obama’s hostility toward the coal industry started before he became president.

While campaigning in 2008, Obama promised his cap-and-trade energy policy would make electricity prices “necessarily skyrocket” and he added, “So if somebody wants to build a coal plant, they can — it’s just that it will bankrupt them.” 

Thankfully, cap-and-trade was defeated by Congress.

But following the bill’s defeat, Obama declared, “cap-and-trade was just one way of skinning the cat; it was not the only way.  It was a means, not an end.  And I’m going to be looking for other means to address this problem.”

As a result of the destructive regulatory agenda that Obama implemented through the EPA, many existing coal-fired generation plants have been forced to shut down, and plans for expansions and new construction have been canceled—even with the new “clean” coal technologies.

When PJM Interconnection (the company that operates the electric grid for 13 states) held its 2015 capacity auction this spring, the market clearing price for new 2015 capacity was $135 per megawatt — 8 times higher than the price for 2012. For the northern Ohio territory served by FirstEnergy, the price is a shocking $357 per megawatt.

These are not computer models or projections or estimates. These are the actual prices that electric distributors have agreed to pay for new capacity. Of course, these increased costs will be passed on to consumers at the retail level and in our personal utility bills. Can you afford to pay for this penalty?

Just look at California — the most bankrupt state in our country. What did industry do when the state implemented such tight energy regulations that they couldn’t afford to compete?

Not only will we be paying extremely high utility bills to keep our lights on, our jobs will vanish as industries move overseas — including to China — the biggest importer of our coal.

Unlike the Left would like you to believe, this election is not about women’s right or government-run programs — it’s about our economy.  If there are no jobs and sky-high consumer prices, we will see the economic collapse of our country.  All citizens, but especially those of us with coal-powered energy, need to express our concern when we vote in November.

Susan Seil,

Clinton

1
Text Only
Opinion
  • Holly Youngquist Friends of the Library book sale is underway

    Friends of the Library Book Sale is open now. The sale is open to all until 8 p.m. today and on Friday, Aug. 1, from 9 a.m. to 8 p.m. Finally, Saturday, Aug. 2, is box day. From 9 a.m. to  3 p.m., books will sell at $3 per box.

    July 31, 2014 1 Photo

  • LETTER TO THE EDITOR: Cremation service helped pet owner in her time of need

    I wanted to share some positive news about a business located in Clinton that I’m guessing most residents aren’t aware even exists. It’s Northridge Pet Cremation on Main Avenue and for me they were recently a godsend.

    July 31, 2014

  • LETTER TO THE EDITOR: A Cappella choir concert was a success

    The CHS A Cappella reunion was great. It was real great to hear so many good voices of so many former choir members.

    July 31, 2014

  • LETTER TO THE EDITOR: Time to boost social security

    It's time for Congress to act so that Social Security benefits can finally start to keep pace with the cost of living.

    July 31, 2014

  • Dangerous Darkies Logo.png Redskins not the only nickname to cause a stir

    Daniel Snyder has come under fire for refusing to change the mascot of his NFL team, the Washington Redskins. The Redskins, however, are far from being the only controversial mascot in sports history.  Here is a sampling of athletic teams from all areas of the sports world that were outside the norm.

    July 29, 2014 3 Photos

  • Off and on the record Let us now praise anonymous sources.The new White House press secretary got into a familiar old spat with the White House press corps the other day over the use of anonymous sources.Josh Earnest — has there ever been a more perfectly named White Hous

    July 25, 2014

  • Be more informed

    Blame the city.That is a favorite pastime of many, including me at times. Driving over that pesky pothole or paying that annual property tax bill can lead to some choice words referencing the city. Nobody takes the brunt of being the scapegoat more t

    July 25, 2014

  • CCC thanks community, collaborators for successful movie night Clinton Community College would like to thank those who participated in the free outdoor movie showing of “Captain America – Winter Soldier” on the evening of Friday, July 18.We are grateful to have such wonderful community collaborators in the Erick

    July 25, 2014

  • Lindley, Tom.jpg Better police needed for college teams enticed to cheat

    The NCAA once cracked down on colleges that went too far luring top prospects, then it targeted teams that lathered players with special treatment. That was until the NCAA's get-tough approach backfired, rendering it ineffective and creating an opportunity for those who want to play dirty.

    July 24, 2014 1 Photo

  • Lindley, Tom.jpg Expectations too high for a rehabbing Woods

    Tiger Woods finished near bottom last weekend at Royal Liverpool, drawing out his drought of major tournament wins. Despite the disappointing showing, Woods' return to form remains a matter of when, not if.

    July 22, 2014 1 Photo

Poll

With the Clinton County Justice Coordinating Commission and the Clinton County Board of Supervisors discussing proposals to construct a new jail, do you think the time has come for Clinton County to construct such a facility?

Yes
No
     View Results
Facebook