Thursday, June 21, 2012

ObamaClaire Votes For Higher Electric Bills in MO

From the Missouri Watchdog:

The leader of a Missouri industrial organization calls U.S. senators “short-sighted” for  voting against a resolution to block new Environmental Protection Agency standards for power plants. 
Associated Industries of Missouri President Ray McCarty told Missouri Watchdog Thursday that the new standards will prove costly to both businesses and consumers. 
The vote against the rule, which failed 53-46 on Wednesday, split Missouri’s senators, with Republican Roy Blunt voting for it and Democrat Claire McCaskill voting against it. 
[S]tate residents can expect an increase in power costs of 2.8 to 6.3 percent... McCarty told Watchdog he expects the price increases to be higher.
We've already told you how the EPA's rule changes on coal regulations of resulted in coal futures prices exploding, with rates multiplying as high as eight fold in some areas.

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