Thursday, May 18, 2023

EPA Power Plant Rule to Clobber Economy

This post was authored and sponsored by the Mississippi Energy Institute. 

There are newly proposed Biden Administration energy policies that should be at the forefront of the national political debate. As if halting offshore energy production, preventing critical pipeline construction and attempting to de-bank the U.S. oil and gas industry wasn't enough, there are new rules aimed at pummeling the U.S. electric power and automotive manufacturing industries with insane costs. 

Polling repeatedly suggests issues affecting jobs, economy and general economic well-being are top priorities among voters. If these energy issues stay in the background and don't move to the mainstream, today's inflationary challenges will soon look like a walk in the park. 

Here's the latest: Biden's EPA is proposing all natural gas and coal electric generating plants should be fixed with carbon capture equipment. There are a multitude of problems with this, including,  

(1) This technology is unproven and may not work at large scale.
(2) If the technology works, the cost is prohibitively expensive.
(3) Once the carbon dioxide is captured, it must be injected deep underground and stored in geologic formations. Mississippi and the Gulf states are actually well-suited for this, but the Biden Administration has shown little urgency in issuing permits to allow for geologic sequestration (oil companies are typically the ones with the expertise to do this).

In recent years, over 70% of Mississippi's electricity has come from natural gas. Natural gas is a great electricity fuel when the cost of it is low but not as likeable when the price spikes way up. Under the newly proposed EPA rule, Mississippi electric generating utilities would be required to spend several billion dollars collectively to install carbon capture equipment on the plants in the next 10 years, forcing their operating costs to skyrocket just to cover capture, transportation and underground injection costs.

But good news, the Biden EPA is providing an alternative! Instead of adding carbon capture equipment to gas plants, replaced the hydrogen used in gas gas plants with methane. Unfortunately, doing so requires the buildout of hydrogen production from some vast renewable electricity source, which all turn out to be exponentially more expensive than natural gas. Hydrogen is a promising fuel source but is not ready for such large scale use at the moment.

If the EPA and Biden Administration are so concerned about reducing carbon dioxide emissions, you'd think they'd be hustling to plan and build new nuclear reactors to replace the existing fleet built in the 1960s-1980s that will soon be shutting down. Some have closed, but the largest generation source of U.S. carbon-free power doesn't seem to be a priority for current leadership.

Another recently announced EPA rule aimed at forcing U.S. automotive manufacturers to make mostly electric vehicles also would result in car cost increases and is something voters everywhere should know as the EPA attempts to force more electric vehicles into the market and gasoline/diesel vehicles out of the market in few short years. 

Both of these will likely be ruled illegal in the Supreme Court, but the question is, how much damage will be done by that time?

The Mississippi Energy Institute will continue to comment on these crazy rules as things develop over the coming months, so more to come...

20 comments:

Anonymous said...

Why are these people ruining our country and world... I just don't get it

Anonymous said...

Biden's damning dicta disappears with GOP POTUS 2024, whether Trump or DeSantis wins. Biden is at 36% approval.

Recently, Biden says OK for wind farms to kill eagles as necessary, no penalties. And, contrary to bipartisan legislation that passed House and Senate, Biden vetoed and says OK for China to supply solar panels.

Anonymous said...

@11:57

For this country, it all goes back to electing and reelecting Barrack Obama.

Anonymous said...

This is the plan. The Democrats want everyone dependent on government. The object is control of you. Create chaos and then control. It is as old as every dictatorship in history. You will have no freedom and you will get misery , while the ruling class lives well. The Democrats have become pure power hungry socialist or worse communist.

Anonymous said...

We are already paying $600 more a month in expenses than we were 3 years ago some of which can be attributed to higher energy costs, yet they want costs to increase it even more? Make it make sense?

Why does the poor keep voting against their pocketbooks?

Anonymous said...

Do you know who you don't see on social media these days? The white liberals parroting how awesome of a President Biden is like they were before the election. You couldn't peruse a social media site without a white liberal telling you how great the guy is going to be. These days, those people are eerily silent. You cannot find a positive comment on the guy, sand Jean Pierre, none of them will admit they were wrong. Guy is an inbecil and the people he put into cabinets are just as much of a lunatic as he is. They are literally going to EPA us to death while the rest of the world doesn't care and is beating us left and right in every aspect but the social justice and equal rights movements.

Anonymous said...

@ 11:57 AM, it's the liberal pie-in-the-sky mindset. They live in a fairy tale world in their own minds that is so far away from reality. Most of them are extremely wealthy, so these far-fetched ideas really have no bearing on their everyday way of life. They don't care how things like this affect average middle-class Americans. And they can't stand that the U.S. has been the world economic leader in almost every category since WWII, so they want to marginalize our country so that we are no longer a world leader in anything.

Anonymous said...

you have to accept the fact that everything bad happening in this country; dollar, energy, border, schools, trans, illegals, crime, infrastructure, utilities, justice system, military, afghanistan, ukraine, all of it, everything, is all being done on purpose. none of this is by mistake or on accident. it is intentional, coordinated, and organized. all by design. a feature, not a bug.

once you accept this as fact, which it is, then nothing they do will surprise you.

anybody that disagrees with me, is more than welcome to post a list of positive accomplishments by this administration. i would love to hear of anything that is being implemented that is for the good of this country and her citizens by a democrat.

Anonymous said...

The goal is to have a functioning planet for the next generation to use. The science of climate change has been decided for decades. Continuing to ignore the situation until catastrophic consequences have appeared will only make it more costly and burdensome to correct. Keep kicking that maintenance down the road and the oceans will be functioning at the level of Jackson’s water system.

Anonymous said...

MS Energy Institute
Step 1 Don’t take the money Just like MS isn’t participating in the Medicaid program…that’ll
Show ‘em 😂😂

Anonymous said...

This is simply the war on God that the dark one has been waging since Eden. On the macro side is "climate change" which states "Our policies will change the climate of Earth". Heretofore most believed the weather/climates where the domain of their Creator. On the micro side is "gender repositioning". Here the demonics claim that their definitions and life styles change the genders created by God. From top to bottom it is simply a war on God.

Anonymous said...

May 18, 2023 at 2:07 PM, what an ignorant post. True science is never settled.

By the way, is this the same science that proclaims more than two genders?

Anonymous said...

@ 2:07 pm
It’s a little early in the afternoon for that bong, isn’t it?

Anonymous said...

Back a few years ago I think, they were doing some seismic work at the Rez area looking for CO2. The plan was to drill, tap into it and pipe it to oil fields to help bring up more oil. Isn't this the opposite of what they want to do?

Anonymous said...

It’s too bad the MEI website won’t open, because I’d like to know who these liars are. More importantly, once we know who they are we can start to learn their motives for the misinformation. Once the website is responding…

The EPA rules DO NOT require any particular technology to solve the carbon release problem, just imposes targets for carbon reduction and requires utilities to generate plans to meet those restrictions - feel free to use whatever technology you need to meet the targets. And the targets aim for significant carbon reductions by 2042, nineteen years from now.

Liars lie.

Y’all should read the proposal. There’ll be EPA webinars on June 6th and 7th to educate the ignorant, but as always you can lead a horse to water…or you can eat up the crap from MEI.

Don’t get me wrong we need natural gas in a big way for at least the next fifty years (and I put my money where my mouth is). But we also need to make progress in limiting carbon emission. Stop whining and name calling and lend a hand to solve the problem.

Anonymous said...

1:50 You are correct. If you look at things as a whole, you will see the attacks on everything we know such as class, race, gender, etc. In the book from Saul Alinsky “Rules for the Radicals”, everything we are seeing is all by design to create chaos so in the end game, the elites rule by communism.

Anonymous said...

The average global temperature has risen about 1.5 degrees F since 1880. Recent rises have averaged about .15 degrees F per decade, and we may actually be in a pause in the warming the last few years. We are not at a crossroads to catastrophe at the moment, far from it in fact. These technologies must be allowed to mature and develop or we are going to literally destroy the economy for very little gain, as China (who pumps out more CO2 than the next five countries combined on the list) makes no secret of the fact that they're not participating in this lunacy for the next several decades, if at all. At some point the adults must be put back in charge, instead of people who think men can have babies, which is an excellent illustration of just how deranged they actually are.

Anonymous said...

@1:50

I don’t know all of them but let me educate you.

3.5% unemployment, lowest in history with 17 states below 3%. For seniors their cost of insulin will be capped at $35/month. Seniors out of pocket expenses for all pharmaceuticals will be capped at $2000/year. This doesn’t mean they get no more after the cap, as is often reported, but that they get their meds at no cost after the CAP. Approved a bi-partisan (how rare is that!!) once-in-a-generation investment in our nation’s infrastructure,rebuilding our roads, bridges, ports, and airports, upgrading public transit and rail systems, replacing lead pipes to provide clean water, cleaning up pollution, striving to provide affordable high-speed internet to every family in America. NATO is now highly aligned in it’s own defense, with many nations providing billions of dollars to support opposition of Russia’s invasion of Ukraine. The USA has continued to execute leaders in Al Qaeda and other threats securing our security (please count for me the terrorist leaders and their importance executed under the past two Republican presidents and past two Democratic presidents - educate me)

You want more? I got it. References too.
It’s a stupendous accomplishment of the Tate administration that 3rd grade reading scores for Mississippi have improve from where it was, perpetually in the last three in the nation, to a solid middle of the pack. Kudos to Tate for recognizing the need for an educated workforce. New jobs created in the future of energy will need educated folks and will pay good money. This is good for Mississippi. Maybe in twenty or thirty years these newly highly literate Mississippians will better understand the proposals proffered and challenge them intellectually and informed (not ignorant).

Anonymous said...

4:47 you are correct.

Danbury Resources explored for CO2 about ten or so years ago. Now they claim to have proven reserves of 4.6 trillion cubic feet of CO2, primarily from the Jackson Dome. I don’t know who sold/gave that to them, but they seem sure they own it. They used it as stated to pump CO2 into unproductive wells to improve output.

But things have changed, and they are now big players in the carbon capture and storage business using CO2 from other sources than the Jackson Dome. Sure it’ll be a long transition but they are, active members in the Carbon Capture and Storage Association. Jobs. Different jobs, but jobs


Anonymous said...

7:05
Whoooaa!!!!
Backup. These technologies will be allowed to mature, but without impetus, they simply won’t. And as part of the Paris accords all participating countries needed to present a plan to achieve the 2050 target. China published a plan that described their continued buidout of coal and gas and nuclear. They also published a plan to phase out the coal plants as nuclear came on line. They are building a large number of nuclear and coal plants, nuclear at a unprecedented rate. It is a multi-decade plan, becaue none of this is easy. You look up the statistics, I’m getting tired.

We also proposed a pan, not well publicised by Kerry, but committed the US to an equally large expansion of nuclear. We need a nearly inceedible amount of nuclear to meet the committment. China gets this. The current generation of proposed small modular reactors has recieved good funding through the DOE, and multiple companies (oil companies) are looking at this to use natural gas to make green H2.

It takes time. Realax you’ll be dead (or simply dead wrong).



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Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.

Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).


Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.

Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".

In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.


In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.

Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.

Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!

This is definitely a Beaver production.


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Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.

There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.

If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

This is definitely a Beaver production.

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