529 jobs are lost because of the EPA after company spent 10 billion in upgrades and compliance costs.

How many times has this happened during the three years Obama has served as our nation's first de facto Dictator?  Here are six coal plants that have been driven out of business because of the Gestapo run EPA at a loss of millions if not billions in investment dollars and the cost of 529 jobs.  

The following plants will be retired: Bay Shore Plant, Units 2-4, Oregon, Ohio; Eastlake Plant, Eastlake, Ohio; Ashtabula Plant, Ashtabula, Ohio; Lake Shore Plant, Cleveland, Ohio; Armstrong Power Station, Adrian, Pa.; and R. Paul Smith Power Station, Williamsport, Md.

In total, 529 employees will be directly affected. Existing severance benefits will apply to eligible, affected employees. However, the final number of affected employees could be less as some are considered for open positions at other FirstEnergy facilities and work locations, and eligible employees take advantage of a retirement benefit being offered to those 55 years and older.

"This decision is not in any way a reflection of the fine work done by the employees at the affected plants, but is related to the impact of new environmental rules," said James H. Lash, president, FirstEnergy Generation and chief nuclear officer. "We recently completed a comprehensive review of our coal-fired generating plants and determined that additional investments to implement MATS and other environmental rules would make these older plants even less likely to be dispatched under market rules. As a result, it was necessary to retire the plants rather than continue operations."  Read the full article here. 

Source:  Thurber's Thoughts, an Ohio based blog/  article:   

FirstEnergy closing 6 plants due to new EPA rules

Editor's notes:  If you were to go to Thurber's Thoughts and read the remainder of the article,  you might come away feeling that this is not so a calamity.  It could be argued that the plants were old and needed to be shut down.  Seriously, read the article and then,  read what is not said between the  lines.  Understand that we are dealing with a Gestapo style presidency.  First Energy is the name of the company,  and,  after the shutdowns,  it will continue to be a producer.  So,  what can it say without bringing the wrath of Kong down upon its head?  Read that last paragraph.  The president of the company made a point of saying,  "This decision is not . . . . a reflection of the fine work done by the employees."  Because of the increased expense of dealing with MATS regulations,  this company could no long run these plants and be competitive under "market rules."  We are talking "free market rules."  I am guessing he left off "free"  because there ain't no such thing,  nowadays,  is there, Comrade.  -- blog owner.