Cost of electricity

The response to the new EPA regs on coal shows the ignorance of some people when it comes to the energy business. The new push by the government is a day late and dollar short. The march toward replacing coal with natural gas has been ongoing for several years and recently accelerated because of fracking. This is good for the environment and cost less so just let the market do its thing. The job loss in the coal industry will be minimal since the miners are still working and shipping the coal overseas. The cost of electricity to the consumer will go down since natural gas is much cheaper than coal. This is a win-win. The only people in jeopardy of losing their job are the lobbyist for the coal industry. PITTSBURGH — In a surprising turnaround, the amount of carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years, and government officials say the biggest reason is that cheap and plentiful natural gas has led many power plant operators to switch from dirtier-burning coal. I am sure the administration will take credit for this even though they are not happy with fracking but most people will not know the difference. The President has such little understanding of this industry that he said that the cost of electricity would sky-rocket when the country reduced its CO2 emissions.