Kudos to the Chicago Tribune for covering an important story that few others will touch: coming EPA regulations will cause electricity prices to skyrocket.
The headline, "Consumers' electric bills likely to spike as coal plants close" hints at the problem, but the paper immediately fingers the culprit,
"Consumers could see their electricity bills jump an estimated 40 to 60 percent in the next few years. The reason: Pending environmental regulations will make coal-fired generating plants, which produce about half the nation's electricity, more expensive to operate. Many are expected to be shuttered."
"What 'pending environmental regulations'?", you ask? The Tribune does not quite dig that deep. "Who is issuing these regulations?" A careful reader will go away uninformed.
But it does point out that there is more than your electric bill at stake, everything that uses electricity will cost more, including schools. Not to worry, as always "energy efficiency" will save us, as long as no one tells William Stanley Jevons.
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