The government has again “stimulated” 500 energy jobs in Texas. The Daily Caller reports that Luminant, a Texas Energy Company, has been forced to close two energy generating plants and three different Texas mines. Luminant blamed new burdensome Environmental Protection Agency regulations on the closures which will result in the loss of 500 jobs.
Silly me. Here I thought we were supposed to be “stimulating” the creation of new jobs instead of forcing new regulations on established businesses resulting in massive layoffs. At least with the Baucus-Tester-Obama team we did get that “change” everyone wanted.
I wonder what the closure of two energy generating plants will do to the cost of energy for the Texas consumers.