Media Matters has compiled a document of the actual impacts of the proposed EPA industrial carbon pollution standards for power plants, debunking the radical fearmongering over “skyrocketing” electricity prices.
Executives from some of the nation’s most coal-reliant utilities have admitted that the standards are unlikely to impact electricity prices or the companies’ finances.
"We don't have any plans to build new coal plants. So the rules won't have much of an impact," said Melissa McHenry, a spokeswoman for Ohio-based American Electric Power.
"This proposal means nothing to us," said New York Duke Energy’s director of external relations Tom Williams. "Our carbon profile is going down. We're shutting down 3,800 megawatts of coal and [the new plants] we're bringing on will replace that with lower carbon emissions."