Yesterday, Forbes on Fox discussed a report that an EPA rule for coal-powered plants, designed to fight global warming, could possibly raise electric bills by 80%.
Guest Bill Baldwin said, “Coal is dirty, and one way or another people who burn it ought to be paying for the damage they cause to the rest of us. …If you’re burning coal when you turn on your AC, you should be paying more.”
But Steve Forbes defended coal by saying, “Coal is getting cleaner, coal is cheap, let the markets work. It’s freedom.”
David Asman said, “And even if the end result is a positive end result: cleaner air for everybody, again it sort of reflects this administration’s lack of practical experience. …Only 4 of the 15 cabinet members have any private sector experience.”
Rick Ungar said, “The EPA regulation that’s been proposed has nothing to do with existing coal plants, it would be on new construction of coal plants. So the existing coal plants will not be raising your price of energy.”
Sabrina Schaeffer complained, “This is another example of a regulation that the president is pushing with little consideration for the consequences of it. …This would have massive impacts not just on our personal heating bills, but on factories, transportation, hospitals, all sorts of industry that depend on affordable energy.”
In reality, coal is dirty, and it fuels global warming.