President Obama’s apparent “war on coal” will result in 207 coal plants shuttering their doors over the next decade or so, according to Reuters.
Whether due to environmental regulations or cheap natural gas (which the Environmental Protection Agency is also eyeing suspiciously via potential fracking regulations), these coal plants will close their doors, resulting in a loss of over 40,000 megawatts of electricity. That’s less than 1 percent of all the electricity used by the country in a year, but because multiple plants are closing in the same location, energy prices for people living within their reach will increase. Not to mention the job losses from closing those plants.
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