Manchin attacked EPA’s new rules that could cost him millions
When Sen. Joe Manchin upbraided EPA on Wednesday for requiring power plants to reduce their carbon emissions, he didn’t mention that the agency’s rules could threaten his personal income.
The West Virginia Democrat vowed to oppose President Joe Biden’s EPA nominees because the agency’s rules being proposed Thursday could push coal- and gas-fired power plants “out of existence,” he said.
The risk to one plant, in particular, could jeapordize a lucrative source of money for Manchin. His family business Enersystems Inc. delivers waste coal to the Grant Town power plant, a financially struggling coal facility near Manchin’s hometown that he has spent much of his political career protecting.
The Grant Town plant has repeatedly threatened to shut down. Now, with the release of EPA rules that are expected to push many power plants into installing expensive technology to capture their carbon emissions before the pollution escapes into the sky, the plant faces an increasingly troubled future. Many coal plants might shut down rather than comply with the stringent new climate rules. [Continue reading…]