This week the EPA unveiled a new rule to drastically cut carbon emissions from the nation's power plants. While Wyoming Republicans say it will devastate the economy, Matt Laslo reports from Washington that some experts say their outdated thinking has set the state back in the new energy economy.
The White House isn't waiting around for this Congress to help it tackle climate change. The new EPA rule will require Wyoming to slash it's carbon emissions by 19 percent. Wyoming Congresswoman Cynthia Lummis says the state's energy producers are worried.
It didn't take long after the Obama administration unveiled new rules this week regulating carbon emissions from power plants for people to start naming winners and losers. Wyoming, the nation’s largest coal-producing state, and a huge coal consumer, was immediately billed as a loser.
The predicted effects of continuing to pump carbon dioxide into the atmosphere at current rates range from dramatic sea level rise to extreme weather to famine and drought. Power plants are among the largest carbon dioxide emitters, and on June 2, the Obama administration is scheduled to release new rules regulating those emissions. Utilities and trade groups are already warning those rules will have some dire consequences of their own.
Former Vice President Dick Cheney addressed attendees at the 17th annual Wyoming Oil and Gas Fair Thursday.
During his speech he praised the industry for helping reduce U.S. reliance on foreign energy, while condemning the Obama administration’s withdrawal from the Middle East.
Discussing hydraulic fracturing and other advances in oil and gas extraction, Cheney said he was impressed by how far the industry has come since he was at Halliburton, but warned it will continue to contend with a “war on fossil fuels.”
Many fossil fuel developers campaigned against President Obama this election season, fearing the effect of regulations and other restrictions on their industry, while environmental activists called for four more years. Now that Mr. Obama has won a second term, Wyoming Public Radio’s Rebecca Martinez spoke with some stakeholders about what that could mean for the energy industry in Wyoming.