We are pleased to announce the Ten Things You Should Know About Texas Energy. Each week for the remainder of the 83rd Legislative Session, we will send you a different fact about Texas Energy. As the session progresses, be on the look out for more updates and the rest of the facts! TEN THINGS YOU SHOULD KNOW ABOUT TEXAS ENERGY
9. Defending Texas' Fleet Is a Fight Worth Fighting
The current day equivalent of more than $16 billion in environmental controls have been invested in Texas' coal plants. EPA has proposed and finalized numerous aggressive regulations putting these investments at risk. The regulations proposed for electricity producers include the Mercury and Air Toxics Standards Rule (the Utility MACT), the Cross-State Air Pollution Rule (CSAPR), the Coal Combustion Residuals (CCR) Rule, and the Cooling Water Intake Structures Rule. It is important to remember that the EPA regulations are not just aimed at coal. EPA's regulation of oil and gas exploration is well known. Moreover, ERCOT has predicted that the cooling water intake rule could result in 11,000 MW of lost generation capacity - the vast majority coming from lost gas-fired generation. This is at a time where it will take a dramatic build-out of electric generation from all sources of fuel to meet our needs. The phrase "all of the above" is not just a political sound bite - it is an essential cornerstone of the Texas energy economy.
Did you miss last week's Top 10 point? Click here to see it: No. 8 The State-of-the-Art Texas Coal Fleet Is Among the Cleanest In America
Balanced Energy for Texas is a statewide coalition of energy consumers, producers, and providers committed to supporting policies that preserve and promote our state's leading role in energy and economic development.
We believe that energy is the backbone of Texas' economy and that economic prosperity is contingent upon the adoption of sensible policies that maximize the use of our state's abundant, diverse and affordable energy portfolio, specifically oil, natural gas and coal. This balanced portfolio, based on free market principles and a sound regulatory framework, is critical to Texas' continued profitability, competitiveness and economic success.
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Learn more about our efforts: www.balancedenergyfortexas.org