Detailed text transcripts for TV channel - FOXNEWS - 20120510:14:54:00
Have the tax base to do it. this is a very dangerous thing they've done and it's all based on an economic model. an unrealistic standard that they set. >> reporter: the new rules require coal-fired plants to install new technology called carbon capture and storage, but it's tre mend outsly expensive and not commercially available. >> we spent $10 billion on air pollution control equipment, and when we looked at the way the rules were structured we could not justify spending the money on some of the smaller, older units. it just didn't work for us. >> reporter: the obama administration is banki...