The Obama administration’s “green” agenda, imposed by fiat through the EPA, continues to kill jobs. The Daily Caller reports:
Texas energy company Luminant announced on Monday new burdensome Environmental Protection Agency regulations are forcing it to close several facilities, which will result in about 500 job losses.
The company will be idling — stopping the usage of — two energy generating units. It will also cease extracting lignite from three different Texas mines.
The EPA regulation Luminant cites as too burdensome is the new Cross-State Air Pollution rule, which requires Texas power generators to make “dramatic reductions” in emissions beginning on January 1, 2012.
“We have hundreds of employees who have spent their entire professional careers at Luminant and its predecessor companies,” Luminant CEO David Campbell said in a statement. “At every step of this process, we have tried to minimize these impacts, and it truly saddens me that we are being compelled to take the actions we’ve announced today. We have filed suit to try to avoid these consequences.”