Quote of the Day: The Price of Progress

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From the Congressional Research Service, in a report on the cost of new EPA regulations that will shut down some of the worst polluting coal plants in the country:

The costs of the rules may be large, but, in most cases, the benefits are larger.

The full report is here. Brad Plumer has the user-friendly summary here. Bottom line: The cost of the new EPA regs is almost certainly being hugely overestimated by the power industry (surprise!), and the benefits in public health will almost certainly be far greater than the price tag for replacing our most antiquated coal plants — which are mostly near the end of their life anyway — by more efficient combined cycle natural gas plants.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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