Federal analysis found shutdowns of coal-fired power plants would more than double under the Obama administration’s landmark climate rule.

The rule is also projected to increase electricity prices 4.9 percent above what they would be without it.

The Environmental Protection Agency’s (EPA) carbon limits for power plants are projected to cause 90 gigawatts of coal plant capacity to retire by 2040 so that states can comply, the Energy Information Administration (EIA) projected Friday.

That is more than double the 40 gigawatts that the EIA, the independent data arm of the Energy Department, predicted would be shut down in that time period if it weren’t for the climate rule. The United States currently has 1,212 coal-fired power plants with a total capacity of 329.8 gigawatts.

The Obama administration would significantly raise electricity costs, close numerous power plants and kill the jobs of the people working there and in related fields.

Nearly all of the plant shutdowns would happen by 2020, the year of the first set of standards in the EPA’s rule. Another standard takes effect in 2030.

Hmm, wonder how many thousands would lose their jobs.