According to the plan, Louisiana will have to lower its carbon dioxide emissions by nearly 30 percent of 2012 levels by 2030. Since renewable sources are much more expensive than coal, energy costs will increase drastically, and families and businesses will be burdened with tough financial decisions.
Energy & Environment
Today the Pelican Institute for Public Policy is releasing a new study by economists at the Beacon Hill Institute at Suffolk University which finds that the three recent Environmental Protection Agency regulations on mercury and carbon dioxide emissions will increase Louisiana electricity prices by 22 percent by 2030.
Before the Flood: Reducing Louisiana’s Vulnerability to Severe Weather Through Market-Based Insurance Reforms
Louisiana’s unique coastal vulnerabilities will require the state to pursue sensible free-market reforms to its insurance markets and built environment to avoid catastrophic costs in the decades ahead.
This week the Pelican Institute for Public Policy submitted public comments to the Environmental Protection Agency opposing EPA’s Clean Power Plan, which would increase electricity prices and raise reliability concerns in Louisiana.
This case is a stunning example of class action lawyers doing what they do best: using lawsuits to create the illusion of relief that will ultimately do nothing more than increase their own bottom lines.