Friday, July 5, 2013

Electricity Prices at a record High for May

The price of electricity in the United States for May was 13.1 cents per kilowatt hour (KWH), which is the highest it has been on record for that month, according to data from the Bureau of Labor Statistics (BLS), which tracks the price going all the way back to 1984. 
Thirteen cents per KWH is the highest price for the month of May in 29 years, according to the BLS numbers. 
These price data come at a time when President Barack Obama has announced a “new national climate action plan” to reduce carbon dioxide emissions to combat alleged man-made global warming and spend more federal money on “clean energy” projects.
The coal industry, which produces about 45% of the electricity in America is expected to be the hardest hit by the federal regulations, raising its costs and the cost of electricity for consumers. Sen. Joe Manchin (D-W.Va.) said that Obama’s plan is “a war on America” because the regulatory burden and costs will severely damage the U.S. coal industry. 
The Consumer Price Index-Average Price Data at the BLS show that the U.S. city average price of electricity per KWH was 13.1 cents in May 2013, which is the latest month’s price data available.
CLICK Graph to ENLARGE
[...] 
In a June 27, 2013 speech at Georgetown University, President Barack Obama announced his “national climate action plan.” In his remarks, the president said, “This plan begins with cutting carbon pollution by changing the way we use energy -- using less dirty energy, using more clean energy, wasting less energy throughout our economy. … Today, about 40 percent of America’s carbon pollution comes from our power plants. … So today, for the sake of our children, and the health and safety of all Americans, I’m directing the Environmental Protection Agency to put an end to the limitless dumping of carbon pollution from our power plants, and complete new pollution standards for both new and existing power plants.”
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1 comment:

BOSMAN said...

They say timing is everything..Yeah..Great idea Barry..lets have a War on Coal..then again, WE the taxpayers pay YOUR electric bill don't we...along with our own