This past Monday on KET’s Kentucky Tonight, Bill Goodman revisited a timely topic given President Obama’s recent announcement of his executive orders to launch a campaign against carbon emissions – and Kentucky’s energy sector.
Guests included Bill Bissett, president of the Kentucky Coal Association; Elizabeth Crowe, executive director of the Kentucky Environmental Foundation; Paul Thompson, chief operating officer of LG&E and KU Energy; and Stephen Sanders, director of the Appalachian Citizens’ Law Center.
Notable is a question taken by e-mail from the Bluegrass Institute around the 25-minute mark. Though Sanders admitted that the current administration provided no cost-benefit analysis for its new carbon standards, standards likely to prevent any new coal-fired power plants in the country and which threaten the existing ones, he did not go on to say that ignoring the costs to our energy sector was unacceptable. This is right in line with the thinking that any smidgen of economic benefit that comes along with a new regulation is worth any costs.