The Motley Fool Discussion Boards
Retirement Discussions / Retire Early CampFIRE
|Subject: Obama kills another 4000 badly needed jobs||Date: 1/28/2013 10:15 AM|
|Author: telegraph||Number: 668696 of 709374|
Hey, was it Obama and Biden who said 'Jobs are number 1'? and Biden with that three letter word? J-O-B-S?
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.
“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.
Economists had projected that in the first 5 years of construction and operation the project would create as 1,300 direct and 2,600 indirect jobs. Now none of those jobs will exist.
What's another 4000 jobs when you've already destroyed 7 million good paying jobs in your first 4 years?
When the winds die in west TX....Corpus Christi will probably just 'fade to black'.....
|Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|