NEW ANALYSIS FINDS CAIR WILL SIGNIFICANTLY BOOST ELECTRICITY PRICES

A new study of EPA's proposed clean air interstate rule (CAIR) to reduce power plant emissions of sulfur dioxide (SO2) and nitrogen oxides shows the rule will cause electricity prices to rise 25 percent in 2010 and an additional 10 percent in 2015. The cost-increase finding is surprising and has not emerged in other studies, while EPA has touted the plan as striking a good balance between economic growth and environmental progress. The study, The Outlook for U.S. Steam Coal...