Coal Regulations Could Hike Energy Costs as Much as 80 Percent

By: American Decency Staff

WASHINGTON – Environmental regulations imposed on newly constructed coal-fired power plants could hike the wholesale cost of electricity in some areas by as much as 80 percent, according to a high-ranking Obama administration energy official.

Dr. S. Julio Friedmann, the deputy assistant secretary for clean coal in the Department of Energy, told a House subcommittee last week that those costs are expected to decline once technology advances. But even then the price of electricity will remain higher than current costs.

The precise wholesale hike will vary from plant to plant, depending on factors like the type of coal used and technology implemented.

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