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Thanks EPA for being a pain in the
Posted: Sep 29, 2011
Indiana Michigan Power has requested permission from the state to raise overall electric rates 14 percent due to the environmental mandates placed by the EPA.
"All electric utility providers, including I&M, are facing “a multitude of U.S. Environmental Protection Agency regulations” that include rules to cut emissions of sulfur dioxide and nitrogen oxides as well as rules to control coal ash handling and disposal, and to regulate water usage and discharge from power plants."
Wouldn't be surprised if more companies start raising their prices too. Just another example of how over regulation hurts all of us because it puts strains on companies who then pass that extra cost to consumers. Not the most brilliant idea especially since most Americans are hurting right now with job loss, grocery prices going up, gas prices up, and the economy sucking in general. So much for looking out for the middle class and the lower class. Higher electric bills certainly won't help us.
;
...not to mention all the carcinogens we and our...sm - oldtimer
[ In Reply To ..]children will be deprived of breathing in. I feel your pain but I think the reward is worth the sacrifice.
I don't disagree that some - Conservative MT
[ In Reply To ..]changes need to be made for our environment and our sake. However, I really think this is going to hurt the economy and think perhaps it could have been instituted more gradually or maybe wait until the economy picks up because this is going to cost Americans jobs. I understand your argument and I agree with you. We should strive to keep our environment cleaner. However, when people are out of work or struggling to make it and their electric bill goes up during the winter and/or they lose their job because of EPA regulations...it is going to tick some people off. Surely you can see where they might be coming from as well.
Kinda a double-edged sword really. Do you make the environment healthier for people and lose jobs and raise costs for people already hurting....or do you keep things the way they are so those struggling financially won't have higher costs and may be able to keep their job? If I'm not struggling and have a job, I could easily say the environment. It may not be so easy for other to choose that when they need heat in the winter for their kids and a job to put food on the table. Just saying. I try to look at things from all sides.
Political Economy Research Institute says EPA regs will add - 1.5 million jobs, or
[ In Reply To ..]an average of 300,000 per year over the next 5 years. In the process it will extract dormant capital from tight-fisted freaked out corps and pump it back into the flailing economy where it belongs. According to the OMB, history teaches us that every $1 spent to comply with the Clean Air Act has resulted in $4 to $8 returned in economic benefits. The 32-page study is chock-full of data that belies GOP claims about jobs loss due to regulations. As for that pending rate hike in MI, it probably stems from a LACK of effective state regulations to protect consumers from such actions by utility companies, since the PERI study indicates that nationwide, electricity rates have essentially remained flat since 1990 amendments to the Clean Air Act were implemented, so while considering these isues from all sides, might want to take a look at the information in this extensive study.
http://www.ceres.org/resources/reports/new-jobs-cleaner-air
The EPA means well. - Conservative MT
[ In Reply To ..]At least it means well for our environment. I am all for protecting our environment. However, these kind of regulations could be done at a slower rate and gradually ease companies into this. It also would have been wise to at least wait until our economy is doing better because the regulations they have for coal are going to put many Americans out of work. So I guess you have to look at it this way....environment vs economy. Which is more important? If our economy was booming, I don't think it would bother us as much. But with grocery prices being up, gas prices being up, unemployment being up, etc...it just isn't a good time to hinder companies who will in turn make us pay more. Just my opinion though. I feel your pain though. We have I&M as well and I'm not looking forward to another bill going up either.
It is all part of the game - nauseated
[ In Reply To ..]You know, like when a hurricane MIGHT hit the Gulf, the gas prices go up. Or when health care reform is discussed and the insurance companies raise the rates, or when a Wall Street bank makes five cents less than last year, the stock prices crash. The talking point memo coming from the Republicans of late has been stating that their next sworn enemy is the EPA. (You know, the memo that says "Perry who? Herman Cain!") Thar' she blows!
Exactly - sm
[ In Reply To ..]With all the regulations these companies still manage to make millions, even billions in profits but raise rates. It is company greed. Our earth is worth saving, too bad companies feel the need to play games.
Ain't it the truth! Protecting the environment isn't a PT job - we do only when we feel like it. nm
[ In Reply To ..]nm
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