Actually I see mountains of money being raked in by green profiteers as the Obama Administration's Carnival of Crony Capitalism rolls on:
Last month, the Obama EPA began enforcing new rules regulating the greenhouse gas emissions from any new or expanded power plants.
This week, the EPA issued its first exemption, Environment & Energy News reports:
The Obama administration will spare a stalled power plant project in California from the newest federal limits on greenhouse gases and conventional air pollution, U.S. EPA says in a new court filing that marks a policy shift in the face of industry groups and Republicans accusing the agency of holding up construction of large industrial facilities.
According to a declaration by air chief Gina McCarthy, officials reviewed EPA policies and decided it was appropriate to "grandfather" projects such as the Avenal Power Center, a proposed 600-megawatt power plant in the San Joaquin Valley, so they are exempted from rules such as new air quality standards for smog-forming nitrogen dioxide (NO2).
There's something interesting about the Avenal Power Center:
The proposed Avenal Energy project will be a combined-cycle generating plant consisting of two natural gas-fired General Electric 7FA Gas Turbines with Heat Recovery Steam Generators (HRSG) and one General Electric Steam Turbine. (emphasis added)