Sunday, January 27, 2013

As Promised, Obama Energy Policy Bankrupts New Coal Plant

link - Ace of Spades
Obama’s EPA Kills Texas Power Plant And 3900 Jobs - Weasel Zippers
link - Conn Carroll/Washington Examiner @conncarroll
Chase Power, the parent company behind the $3 billion Las Brisas coal power plant in Corpus Christi, Texas, announced yesterday that it was cancelling the project.

“Chase Power … has opted to suspend efforts to further permit the facility and is seeking alternative investors as part of a plan of dissolution for the parent company,” Chase CEO Dave Freysinger told the Corpus Christi Caller-Times.

Freysinger made it very clear who was responsible for the projects death. “The (Las Brisas Energy Center) is a victim of EPA’s concerted effort to stifle solid-fuel energy facilities in the U.S., including EPA’s carbon-permitting requirements and EPA’s New Source Performance Standards for new power plants,” he said.
Hidden Audio: Obama Tells SF Chronicle He Will Bankrupt Coal Industry - P.J. Gladnick/Newsbusters | November 02, 2008