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Economy
Obama EPA kills power plant, 3,900 jobs in Texas
2013-01-25
[WASHINGTONEXAMINER] Chase Power, the parent company behind the $3 billion Las Brisas coal power plant in Corpus Christi, Texas, announced yesterday that it was cancelling the project.

"Chase Power ... has opted to suspend efforts to further permit the facility and is seeking alternative investors as part of a plan of dissolution for the parent company," Chase CEO Dave Freysinger told the Corpus Christi Caller-Times.

Freysinger made it very clear who was responsible for the projects death. "The (Las Brisas Energy Center) is a victim of EPA's concerted effort to stifle solid-fuel energy facilities in the U.S., including EPA's carbon-permitting requirements and EPA's New Source Performance Standards for new power plants," he said.
Posted by:Fred

#5  I don't think it's purely an Obama thing. Record low nat gas prices have put a dent in the economics of coal power plants.
Posted by: Zhang Fei   2013-01-25 19:14  

#4  In either case, not a lot of Texas workers.
Posted by: Skidmark   2013-01-25 15:51  

#3  Mexico, not Texas, (gotta get some caffeine.)
Posted by: Glenmore   2013-01-25 07:55  

#2  They could build it in Texas and put a power line from there to Corpus.
Posted by: Glenmore   2013-01-25 07:55  

#1  Obama said up front in his first campaign that under his admin you could still build a coal plant, but you'd go bankrupt doing it.
Posted by: SteveS   2013-01-25 00:47  

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