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
  • Walter Williams mug Wage discrimination everywhere 'President Obama Vows Zero Tolerance on Gender Wage Gap," read one headline. Another read, "Women Still Earned 77 Cents On Men's Dollar In 2012." It's presumed that big, greedy corporations are responsible for what is seen as wage injustice. Before

    April 24, 2014 1 Photo

  • Celebrity quack moms are a terrible influence on everyday parents

    On April 15, the actress Alicia Silverstone released a book called "The Kind Mama: A Simple Guide to Supercharged Fertility, a Radiant Pregnancy, a Sweeter Birth, and a Healthier, More Beautiful Beginning." It's chock-full of attachment parenting lessons and dangerous misinformation.

    April 24, 2014

  • Community College provides good, affordable education The people of the Clinton area can be very proud of their outstanding educational services starting with pre-school through the 12th grade. In addition we have Clinton Community College, which provides two more years of education with preparation for

    April 24, 2014

  • Will Illinois school aid formula get a makeover? People in Illinois hear a lot about schools not getting enough funding from the state, but not much about an effort afoot in Springfield to develop a fairer way to distribute the money. Whether Senate Bill 16, the School Funding Reform Act, can achie

    April 24, 2014

  • Lindley, Tom.jpg Basketball stars may linger on campus a while longer

    The NBA seems serious about raising its minimum age, which could signal the end of the one-and-done era in college basketball.

    April 22, 2014 1 Photo

  • Race card season again? After years of mostly hedging any suggestion that racism has anything to do with President Barack Obama's ferocious opposition, there's a new racial etiquette in town. Top Democrats are slipping off the kid gloves. "To a significant extent, the Repub

    April 21, 2014

  • Report suggests a reasonable approach Illinois has long had the most units of government in the nation - 6,963 at last count. Do we need so many taxing districts to provide governmental services across the Land of Lincoln? Supporters and opponents of the status quo can both find somethin

    April 21, 2014

  • Stand up against child abuse April is National Child Abuse Month and I would like to take a moment to share that our children are precious and Clinton County has one of the highest in the state when it comes to children who have been abused. You are able to check the statistics

    April 19, 2014

  • Bills to move quickly in final days Tuesday marks the 100th and last day of this scheduled session. After Tuesday, clerks will be sent home and legislators driving and living expenses will no longer be paid by the state. That usually means remaining legislation and Fiscal Year 2015 bu

    April 19, 2014

  • Reducing money's influence in politics The (Crystal Lake) Northwest Herald There's no doubt that money influences politics -- in big ways. Big money influences politics in even bigger ways, sometimes leading to corruption. That's why there are federal caps on the amount of money someone c

    April 19, 2014

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