The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr mateys, this new Biden decree may leave us stranded in the doldrums without a drop of grog to spare!

2024-05-02

Avast ye landlubbers! Brace yerselves for a storm o' energy shortages! Biden's EPA hath set forth its power plant decree, bringin' doom upon America's energy stores. Mayhaps we'll be forced to plunder for our power henceforth!

Ahoy mateys, brace yourselves for more energy shortages on the horizon! The Environmental Protection Agency (EPA) has finalized a power plant rule that spells trouble for America's energy supply. Arrr, under this new rule, coal plants planning to stay open past 2039 and new natural gas plants will need to cut or capture 90% of their carbon dioxide emissions by 2032. Those planning to retire by 2039 face less stringent standards, but still must capture some emissions. And beware, any future natural gas plants must adhere to these regulations as well.Ye see, this rule hinges on carbon capture and sequestration (CCS), a costly and mostly unsuccessful method of storing CO2 underground. Only a few CCS facilities operate globally, capturing less than anticipated. The EPA's crackdown on power plants has raised concern, with experts warning of impending energy shortages and economic blows. It seems the EPA be setting power plants up for failure, aiming to transition to renewables despite the risks.Renewables, though touted as the future, are not yet capable of providing reliable and cost-effective energy like fossil fuels. Recent events, like Winter Storm Uri and Storm Elliot, have highlighted the shortcomings of weather-dependent sources. The EPA's final rules could jeopardize grid reliability and put American livelihoods at stake. Avast, we must not rely on unproven technology to meet our energy needs!

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