03 Oct '11, 9pm

Yes, EPA regs will cost jobs: heavily subsidized, value-destroying jobs

Yes, EPA regs will cost jobs: heavily subsidized, value-destroying jobs

Chicago's State Line Power Station is shutting down. Photo: contemplative imaging Everything is about jobs in D.C. these days, at least rhetorically. The latest line of attack from the dirty-energy caucus has been that "54,000 direct jobs" will be lost if, as expected, new EPA regulations lead to the shuttering of around 20 percent of the U.S. coal-power fleet. For some state-of-the art agit-prop, see the website of one J. Inhofe . Put aside the fact that the jobs figure came from a consultant to a dirty-energy advocacy group and is almost certainly overstated. (The numbers they're tossing around for the total impact of EPA regs are even more ridiculous .) Even if it's nowhere near that number, there will in fact be jobs lost when that 20 percent of coal plants shut down . So let's talk about that. The key thing to remember is that these are some of the most heavily subsid...

Full article: http://www.grist.org/coal/2011-10-03-epa-regs-will-cost-h...

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Green jobs by the numbers

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