“Crony Capitalists” Challenged at Shareholder Meeting

Exelon Asked to Return $200 Million Grant from Obama Administration to Taxpayers; Declines. Corporate Chairman “Doesn’t See Any Link” Between $200 Million Obama Administration Grant and “Our Own Public Policy Positions” — Which Happened to Support Obama’s

Tom Borelli

Deneen Borelli

Chicago, IL/Washington, DC – Shareholder activists with the National Center for Public Policy Research challenged corporate executives with the energy giant Exelon about their firm’s participation in so-called “crony capitalism” at Exelon’s shareholder meeting this week in Chicago.

Incoming Exelon Chairman Mayo A. Shattuck

President Obama Gives Hardworking Families Higher Electricity Prices for Christmas

EPA’s Utility MACT Rule to Cause Skyrocketing Electricity Prices, Significant Job Losses and Jeopardize Reliability of Electricity Supply. EPA Administrator Lisa Jackson Exploits Children to Advance Obama’s War on Coal, says National Center for Public Policy Research.

Washington D.C.- Responding to the Environmental Protection Agency’s announcement this afternoon of its utility MACT rule, policy experts at the National Center for Public Policy Research are calling attention to the harsh economic consequences of the agency’s new regulations targeting coal-fired electricity.

Tom Borelli, Ph.D.

“Coming with a price tag of about $11 billion/year, EPA’s Utility MACT rule is the most expensive regulation issued by the agency on utilities. The huge costs will be passed on to hardworking American families, small businesses and the manufacturing sector. The consequences of the EPA’s war on coal will result in double digit electricity price increases and millions of job losses,” said Tom Borelli, Ph.D., director of the National Center’s Free Enterprise Project.

President Obama’s Anti-Coal Agenda Threatens Reliability of our Electricity Supply

Utilities and Electricity Grid Operators Warn Federal Regulators that New EPA Regulations Will Lead to Power Shortages. The Senate Must Act Now to Reign in the EPA Before the Lights Go Out, says National Center for Public Policy Research

Coal fired power plants provide more than half of the electricity produced in the United States. Pictured is the Castle Gate Plant near Helper, Utah./ Via Wikipedia

Washington, D.C.–  Calling attention to testimony provided to the Federal Energy Regulatory Commission (FERC) hearing last week, today policy experts from the National Center for Public Policy Research are urging Congress to stop new EPA regulations that will jeopardize the reliability of the nation’s electricity supply.

FERC, the regulatory body charged with ensuring the reliability of our electricity supply, held a technical conference on November 29

Obama’s Jobs Panel’s Recommendations Infested by Conflicts of Interest

Obama's Council on Jobs and Competitiveness head and General Electric CEO Jeffrey Immelt

Panel Wants More Government Spending on Clean Energy that Will Benefit GE and Other Jobs Panel Board Members. Crony Capitalism is Not an Economic Plan, says National Center for Public Policy Research.

Washington, D.C. - Reacting to the recommendation by President Obama’s jobs panel, chaired by GE CEO Jeff Immelt, that additional federal funds be dedicated to clean energy development, today policy experts from the National Center for Public Policy Research are calling attention to the conflicts of interest surrounding this advice.

TRAIN Act Would Analyze Job-Killing Effect of Regulatory Madness at the EPA

U.S. EPA Headquarters/Image via Wikipedia

House Expected to Vote on TRAIN ACT this Week. Congress Must Challenge President Obama’s War on Coal-Generated Electricity, says National Center for Public Policy Research

Washington, D.C. - Policy experts from the National Center for Public Policy Research are urging bipartisan support for the TRAIN Act H.R. 2401,