Showing posts with label joe manchin. Show all posts
Showing posts with label joe manchin. Show all posts

Sunday, June 12, 2011

Democratic Senator: Environmental Protection Agency Out of Control







On Thursday, American Electric Power company announced that to comply with a series of EPA regulations, it will close five coal-fired plants -- three in West Virginia and one each in Ohio and Virginia -- at a net cost of 600 jobs.

American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states.

"We have worked for months to develop a compliance plan that will mitigate the impact of these rules for our customers and preserve jobs, but because of the unrealistic compliance timelines in the EPA proposals, we will have to prematurely shut down nearly 25 percent of our current coal-fueled generating capacity, cut hundreds of good power plant jobs, and invest billions of dollars in capital to retire, retrofit and replace coal-fueled power plants," said AEP Chairman and CEO Michael G. Morris.

"The sudden increase in electricity rates and impacts on state economies will be significant at a time when people and states are still struggling,” he added.

The plant closures in West Virginia alone will result in 242 lost jobs -- "and that's simply wrong," Manchin said:

“Let me be clear, it’s decisions like the one made by AEP today that demonstrate the urgent need to rein in government agencies like the EPA, preventing them from overstepping their bounds and imposing regulations that not only cost us good American jobs, but hurt our economy.

Read the rest at the link above...