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.
According to the plan, Louisiana will have to lower its carbon dioxide emissions by nearly 30 percent of 2012 levels by 2030. Since renewable sources are much more expensive than coal, energy costs will increase drastically, and families and businesses will be burdened with tough financial decisions.
New Report Explains Why Globalizing Louisiana’s Natural Gas Revolution Makes Economic and Environmental Sense
Exporting U.S. natural gas could achieve the dual benefits of global climate-change mitigation and local/national economic development.
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.