HT: Human Events

Interesting editorial by Timothy P. Carney of the Examiner. A power company in Louisiana stands to gain big bucks from the EPA’s regulation of carbon dioxide as a pollutant:

More to the point, any curbs on carbon dioxide would “squarely implicate” some of Entergy’s competitors. Entergy, again, is the No. 2 nuclear power producer in the country. Nuclear power plants produce virtually no carbon dioxide.

Natural gas is Entergy’s other strong suit, and while it gives off more carbon dioxide than nuclear, hydro, solar or wind power, it produces far less carbon dioxide than does coal. If the government slaps a tax on carbon dioxide, all of Entergy’s coal-fired competitors will see increased costs - a boon to Entergy and a bane to consumers.

The Court gives as it takes away.