One which has been motivated to move off shore to get better labor rates because mandated US labor rates aren't competitive.
One that is now being motivated to move off shore by increasing, and soon to be ever more, electrical costs (thanks Greenies and EPA).
This plan is just so much of this president's idiotic 'green technology' policy and idiotic energy policy, and isn't going to amount to much, if anything at all.
Coal plants produce the largest part of the base load electricity. Due to EPA regulations, they now have to expend huge sums of money to meet the ever more stringent, and some would say needlessly excessive, emissions standards. Where's that money going to be coming from?
It'll be coming Families and businesses in the form of higher electrical bills, as well as in the form of ever higher prices for goods and services.
Hike the price of electricity, business, and manufacturing in particular, are going to take a huge hit. While LED light bulbs purchased by families do save a bunch, the electrical motors needed by business and especially manufacturing are about as efficient as possible already. There are no magic bullet savings to be had there.
Nuclear isn't going to happen. Coal is going to be cost prohibitive pretty soon with all the regulation heaped on them by the activist EPA. Many coal plants are switching over to burn NG, as there is a surplus of that fuel.
The same ecomentalists-nut-jobs applauding this foolish and ideologically based and pointless jobs program are looking to ban fracking for all the wrong reasons. So there goes yet another possible electrical generation fuel source.
I've pretty much had it with these groups. If they want to cut off all the electricity by making it too expensive, let them be the first to live without any, and then see what they've got to say.
Anyone who supports bans on fracking, let them live without natural gas and then see what they've got to say.
How can any sane person consider it forward progress for society by pricing electricity and energy to the pain point? Robbing families via this mechanism?
Affordable electricity was deemed so important the US engaged in the Rural Electrification Act - Wikipedia, the free encyclopedia, now, it seems, the government is going to engage in the US deelectrification program, or perhaps the 'fleecing of the people through energy costs' program.