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Old 06-22-2011, 08:56 AM
 
69,360 posts, read 58,070,233 times
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American Patriot Journal » Blog Archive » Dark Ages: EPA Regulations Forces Closing of 5 Power Plants

In a statement outlining its plan to comply with EPA’s regulations, AEP said it would need to retire 6,000 megawatts of coal-fired power generation in the coming years.

The company, one of the country’s largest electric utilities, estimated that it will cost between $6 billion and $8 billion in capital investments over the next decade to comply with the regulations in their current form.

The costs of complying with the regulations will result in an increase in electricity prices of 10 to 35 percent and cost 600 jobs, AEP said.
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Old 06-22-2011, 09:06 AM
 
33,096 posts, read 21,953,944 times
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it's all part of the 'necessarily skyrocket' plan...
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Old 06-22-2011, 09:07 AM
 
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We should transition all coal power plants over to nuclear power plants ASAP.
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Old 06-22-2011, 09:09 AM
 
Location: By the sea, by the sea, by the beautiful sea
61,578 posts, read 44,475,459 times
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I don't see any claim by AEP that the EPA regs won't have a beneficial impact on the environment so their claim is what? That they should be allowed free rein to pollute as they please? All in the name of their bottom line?
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Old 06-22-2011, 09:09 AM
 
Location: Dallas, TX
31,765 posts, read 26,092,281 times
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Quote:
Originally Posted by pghquest View Post
American Patriot Journal » Blog Archive » Dark Ages: EPA Regulations Forces Closing of 5 Power Plants

In a statement outlining its plan to comply with EPA’s regulations, AEP said it would need to retire 6,000 megawatts of coal-fired power generation in the coming years.

The company, one of the country’s largest electric utilities, estimated that it will cost between $6 billion and $8 billion in capital investments over the next decade to comply with the regulations in their current form.

The costs of complying with the regulations will result in an increase in electricity prices of 10 to 35 percent and cost 600 jobs, AEP said.
AEP is doing what petroleum companies have been doing for years... increasing production, using minimum resources, to minimize its costs. To think that corporations are actually thinking about YOU, well...
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Old 06-22-2011, 09:12 AM
 
69,360 posts, read 58,070,233 times
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Originally Posted by burdell View Post
I don't see any claim by AEP that the EPA regs won't have a beneficial impact on the environment so their claim is what? That they should be allowed free rein to pollute as they please? All in the name of their bottom line?
its not going to affect their bottom line, they are going to pass the costs onto the consumer Is this the best response you could come up with? Who gives a dam what costs go to? Why dont we quadruple the cost of electricity, think about how clean the environment will be then
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Old 06-22-2011, 09:20 AM
 
69,360 posts, read 58,070,233 times
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Originally Posted by EinsteinsGhost View Post
AEP is doing what petroleum companies have been doing for years... increasing production, using minimum resources, to minimize its costs. To think that corporations are actually thinking about YOU, well...
What does that have to do with the topic?
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Old 06-22-2011, 09:32 AM
 
Location: Dallas, TX
31,765 posts, read 26,092,281 times
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Originally Posted by pghquest View Post
What does that have to do with the topic?
Unless the topic's sole intent is to bash Obama and EPA, "that" has everything to do with the topic. AEP is shifting/consolidating production, just like corporations have shifted/consolidated offices to be more efficient, and oil companies have closed nearly half of the refineries over last 30 years, but also increasing production. The plants you read/heard about aren't worth the cost. AEP itself admits that they have been rarely put to use considering low cost/availability of natural gas.

Corporations like AEP not only need consumers, they also have the desire to maximize profits at any cost, and they could always use politics to play the game, with just enough people carrying the torch for them. What thinking entity wouldn't want a win-win situation? Those carrying the torch... well, they are a whole different category of folks.
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Old 06-22-2011, 09:36 AM
 
Location: Unperson Everyman Land
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Originally Posted by Winter_Sucks View Post
We should transition all coal power plants over to nuclear power plants ASAP.

Why?
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Old 06-22-2011, 09:41 AM
 
41,824 posts, read 44,145,431 times
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Originally Posted by burdell View Post
All in the name of their bottom line?
The power company is not going to absorb the costs and they will passed onto the consumers and business's. It's the bottom line of the entire country because the cost of energy effects everything.
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