Obama’s war on coal is a war on Wisconsin
The US Chamber of Commerce has four reasons why President Barack Obama’s energy proposals are bad for the economy. Number one on the list, higher energy prices.
1. Higher electricity prices
The Washington Post reports that regulating carbon emissions for existing power plants “will raise consumers’ electricity prices in the short term as utilities are forced to shutter aging coal plants to comply with stricter pollution limits.” This happens to be exactly what President Obama predicted when he was running for President in 2008. Higher electricity rates aren’t good when many Americans have a dangerously-low level of emergency savings and aren’t in the position to afford rate increases.
Who depends on coal? We do. This chart shows how much energy Wisconsin produces from coal:
Raising the cost of electric generation in Wisconsin will cause rates to go higher for everyone, from job creators to the poorest among us. It’s a cruel, hidden tax on Wisconsin residents that will hurt our economy and force many Wisconsin families to struggle with their utility bills.