From: The Daily Standard
Obama administration’s proposed rules meant to cut carbon dioxide emissions
By William Kincaid
ST. MARYS – President Obama’s newly proposed restrictions on existing coal-fired power plants will cost electric consumers in Ohio an extra $40 per month, according to Bill Roberts, vice president and CFO of Buckeye Power Inc.
And the Obama administration’s goal of reducing carbon dioxide emissions 30 percent by 2030 would have a negligible effect on the environment when compared to the rest of the world’s projected release of emissions from coal plants, he said.
“That entire reduction will be offset by less than one year’s growth of the Chinese emissions,” Roberts said Saturday at Midwest Electric’s 77th annual meeting at Memorial High School.