Why does the EPA want to increase your utility bills?
By Caleb Taylor | The Arkansas Project
The Environmental Protection Agency announced new regulations yesterday that will likely lead to Arkansans paying higher utility bills and add steep compliance costs to electricity providers.
The new EPA proposal rule mandates a 30 percent reduction in carbon dioxide emissions from electric generating plants by 2030.
The EPA claims the plan will “shrink electricity bills roughly 8 percent by increasing energy efficiency and reducing demand in the electricity system.”
“By leveraging cleaner energy sources and cutting energy waste, this plan will clean the air we breathe while helping slow climate change so we can leave a safe and healthy future for our kids,” according to EPA administrator Gina McCarthy.
However, many aren’t sold on the supposed benefits of the new regulations.
at The Arkansas Project.