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The numbers will be unleashed today when the Environmental Protection Agency releases the final Clean Power Plan, establishing guidelines for states to regulate greenhouse gas emissions from existing fossil fuel-based electric generation.

The barrage will portend to show the cost of what the Edison Electric Institute calls "the most comprehensive, far-reaching regulation ever promulgated by the federal government to impact the electric power sector."

What won't be shown is the cost of not implementing the guidelines, the cost of the status quo.

Sunday the electric utility trade association set the stage for the coming barrage stating: "Our industry already is making significant investments to transition to a cleaner generating fleet... (an effort) exemplified by the 73 gigawatts of publicly announced coal plant retirements or retrofits scheduled to take place by 2022.

"Overall, the industry's capital expenditures are projected to be approximately $100 billion per year through 2016, with a record-high $108.2 billion estimated for 2015."

Earlier the National Rural Electric Cooperative Association noted research projecting electricity bills would increase by an average of 10% a result of the EPA's proposal and released a study showing such an increase would result in 1.2 million jobs lost in 2021 -- nearly 500,000 of those in rural areas of the country.

Back in May the International Monetary Fund released a look at costs that won't be mentioned much this week – global subsidies of fossil fuel companies estimated at $5.3 trillion this year, equivalent to $10 million every minute of every day.

The IMF said the vast sum is largely due to polluters not paying the costs imposed on governments by the burning of coal, oil and gas.

These include the harm caused to local populations by air pollution as well as to people across the globe affected by the floods, droughts and storms being driven by climate change.

Lord Nicholas Stern, a climate economist at the London School of Economics, described the IMF's subsidy figure as a significant underestimate: "A more complete estimate of the costs due to climate change would show the implicit subsidies for fossil fuels are much bigger even than this report suggests."

The IMF said ending the subsidies to fossil fuels would cut global carbon emissions by 20% --  a giant step towards taming global warming.

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