And yet

He can still getting away with saying he is for “helping them middle class.”

EPA ‘clean coal’ rule would increase power prices by 70 or 80 percent

An Obama administration official has said that the new clean coal rules could increase electricity prices by as much as 80 percent.

Dr. Julio Friedmann, the deputy assistant secretary for clean coal at the Department of Energy, told House lawmakers that the first generation of carbon capture and storage technology would increase wholesale electricity prices by “70 or 80 percent.”

…..

“The precise number will vary, but for first generation we project $70-90 per ton (on the wholesale price of electricity),” Friedmann said. “For second generation, it will be more like a $40-50/ton price. Second generation of demonstrations will begin in a few years, but won’t be until middle of the next decade (2022-2025) that we will have lessons learned and cost savings.”

It must be nice having a lapdog media.

And don’t worry, Dr. Friedman. By 2025, inflation will have risen to the point that these cost increases will make these nearly doubled rates seem reasonable.

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