The Clean Power Plan could cause electricity prices to increase around 15 percent a year on average, and as much as 22 percent on peak years.
Today the Pelican Institute for Public Policy is releasing a new study by economists at the Beacon Hill Institute at Suffolk University which finds that the three recent Environmental Protection Agency regulations on mercury and carbon dioxide emissions will increase Louisiana electricity prices by 22 percent by 2030.
This week the Pelican Institute for Public Policy submitted public comments to the Environmental Protection Agency opposing EPA’s Clean Power Plan, which would increase electricity prices and raise reliability concerns in Louisiana.
The U.S. District Court for the Western District of Louisiana has ordered the federal government to pay $1.67 million to an employee of Canal Refinery, a Louisiana firm that processes used oil.
Local and State Efforts Now Underway in Louisiana to Test Viability of Renewable Energy
The Obama administration intends on implementing a ‘Cap and Trade’ bill by May of 2010 in hopes of curbing the emission of harmful greenhouse gases and reducing pollution. Not only would the legislation fail to effectively reduce emissions it would cost American citizens billions in taxes. Here’s what you need to know about the ‘Cap…