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https://thehill.com/opinion/energy-...he-center-of-war-between-natural-gas-and-coal
President Trump has made it abundantly clear by word and by deed that the war on coal launched by President Obama is coming to an end. The announcement last year that the Environmental Protection Agency would replace the Clean Power Plan signaled the demise of crushing ideological regulation and Tony Soprano style pressure on electricity utilities to shut down coal fired plants. But that does not mean this war is over just yet.
In Indiana, the beleaguered but still critical coal industry is under attack by a natural gas provider and utility owner that wants to close down coal electricity generating plants and replace them with a new electricity utility station that would use natural gas piped in from Texas. Vectren, the company requesting approval of the station, is currently being acquired by Center Point Energy, the natural gas provider and utility owner based in Texas. If the Indiana Utility Regulatory Commission approves the deal, natural gas produced by Center Point Energy would be piped up into Indiana to generate electricity at its own brand new $780 million plant.
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The plant would be financed by raising electricity rates on Indiana consumers, who will have little choice when it comes to their utility provider. The deal effectively creates a new tax through higher rates.
IOW, no free lunch, green energy or not. You get what you pay for.
President Trump has made it abundantly clear by word and by deed that the war on coal launched by President Obama is coming to an end. The announcement last year that the Environmental Protection Agency would replace the Clean Power Plan signaled the demise of crushing ideological regulation and Tony Soprano style pressure on electricity utilities to shut down coal fired plants. But that does not mean this war is over just yet.
In Indiana, the beleaguered but still critical coal industry is under attack by a natural gas provider and utility owner that wants to close down coal electricity generating plants and replace them with a new electricity utility station that would use natural gas piped in from Texas. Vectren, the company requesting approval of the station, is currently being acquired by Center Point Energy, the natural gas provider and utility owner based in Texas. If the Indiana Utility Regulatory Commission approves the deal, natural gas produced by Center Point Energy would be piped up into Indiana to generate electricity at its own brand new $780 million plant.
====================================================================
The plant would be financed by raising electricity rates on Indiana consumers, who will have little choice when it comes to their utility provider. The deal effectively creates a new tax through higher rates.
IOW, no free lunch, green energy or not. You get what you pay for.
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