Why a Wabash Valley coal mine is praising Supreme Court's ruling to block coal regulations

Statement

The Supreme Court delivers a major blow to President Barack Obama's clean power plan.

A recent ruling put a hold on regulations to curb carbon-dioxide emissions, and the highly unusual move is gaining praise from local coal-fired power plants. This after just months ago a proposed plan threatened the entire industry.

"These regulations certainly create a lot of instability in the electricity market," That's why the mandate didn't sit well with Suzanne Jaworowski of Sunrise Coal, who said the plant employs nearly four-hundred Hoosiers.

"If our cost of electricity goes up or the reliability for electricity is threatened, which this plan would do, we would lose manufacturing jobs," said Jawaorwski.

About 80% of Indiana's electricity is generated by coal. The regulations could consumers in more ways than one.

"What they would do would be increasing electricity rates, and could also threaten our reliability of our electricity," said Jaworowski…

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