“…Electricity Rates Would Necessarily Skyrocket” Here’s the source article from The Daily Caller that Blue Crab is commenting on and his conclusion…
I shudder to think of what this is going to do to grid reliability as well. A lot of those coal plants help support the grid during disruptions. They regularly provide both energy and MVARs (Mega Volt-Ampere Reactive) that keep the grid from collapsing when large loads are added or lost. (That’s about as simple as I can make it and still be understood.) Losing these stabilizers will make it very hard to hold the grid. I pity the load dispatchers.
Trust me, people, this is a very big, very bad thing that is happening as a direct result of Barack Obama’s war on coal.
Great news for the green energy movement until it turns us into a 3rd world county.
Having the Comanche coal plant in Colorado may turn out to be a very good thing.
Putting Comanche aside, for the country general, coming in the immediate future are higher energy prices and monetary inflation induced by QE3. You can’t make this stuff up.
