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Whitfield Responds to Obama’s Latest Attempt to 'Bankrupt' the Coal Industry

Ed Whitfield new 300WASHINGTON (6/2/14) — Representative Ed Whitfield (KY-01), Chairman of the House Subcommittee on Energy and Power responded to the administration’s announcement on EPA’s plan to regulate carbon dioxide emissions from existing power plants.

The Energy and Power Subcommittee will hold a hearing to review EPA’s proposal the week of June 16. Additional details on the hearing will be announced.

“The president's effort to eliminate coal as an energy source is reckless, but it is not surprising because he promised he would ‘bankrupt’ the coal industry when running for president in 2008. We are the only country in the world pursuing such extreme regulations, which just last week the Chamber of Commerce’s Institute for 21st Century Energy estimated would cost the economy 224,000 jobs and $289 billion in higher electricity costs through 2030,” said Whitfield. “It is clear that this administration is pushing regulations that are full of costs and no benefits, ultimately bankrupting the American people. We have already witnessed the failures and consequences of a government takeover of our health care system, and we can’t afford the same mistakes with government takeover of our energy sector. The high energy costs in Europe and the need for reliable electricity this past winter should serve as a cautionary tale. My subcommittee will continue our aggressive oversight of this proposal, and all of EPA’s actions, as we work to protect Americans and their jobs from these destructive rules. I also urge the Senate to act swiftly on my bill, the Electricity Security and Affordability Act, which passed the House of Representatives with bipartisan support, so we can at least have a national debate about American energy before President Obama forces his cap-and-tax policy through the backdoor and around the American people. Finally, the president should stop misleading the American people. He is always talking about an all-of the-above energy policy and using all fuel sources, but he is removing coal from the equation."

SurfKY News
Information provided by Marty Irby

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