"Under My Plan...Costs Will Necessarily Skyrocket"

The EPA has finalized the Utility MACT Rule, one of the three major assaults on fossil fuel power generation that they have cooked up under Lisa Jackson. Read this take. I expect that this rule promulgation will have two effects: 1) it will prompt large campaign contributions into the coffers of the Republican nominee for President, who will be lobbied hard to reverse the Obama-era rules if he should win office; and 2) utility companies with the largest compliance bills coming due will sue and/or announce strategic generation capacity shutdowns (and when I say strategic, I mean "during the election campaign). The electricity generation industry has tried and given up working with the Obama administration in avoiding the regulatory push or then trying to keep the new regulations reasonable. They have failed and it is very likely war-of-attrition-time. It's gonna get ugly.

Of course, you know where the title of this post comes from, right?