EPA plans on slowing down power plant emissions by storing CO2. If you have any common sense in your body you are asking yourself why and to what end? There is a good reason but the answer is not 100% affirming.
CO2 is a greenhouse gas and we are at war with global warming (climate change). If you are thinking back to your elementary school days and saying doesn’t plants use CO2 to photosynthesizes? Yes they do but the EPA wants to store the CO2 from power plants to prevent or slow climate change.
You would think some creative business person would be all over this by starting a eco way to dispose CO2. I would bet that this person could get help from the government to dispose of the CO2 which could pay for the business. It could be called “greenhouse for greenhouse gases.” It could sell plants on the side that can be planted in a field for carbon credits. Since I’m not going to start that business maybe someone else will.
I don’t think the general public really understands what the EPA’s regulations will do to energy rates across our nation. Well educated economist might simple just look at the laws of supply and demand to see how rates should go skyrocketing up by cutting 10% of the nation’s power generation.
Still the EPA is going forward with its plans. I recommend reading this article on cfact.org. It explains some of the EPA’s blunders.
Donny has been writing about the deregulated energy markets since early 2007. His knowledge has helped consumers lower their electricity cost.