Sunday, November 2, 2008

Obama will bankrupt the coal industry.

On January 17 of this year, Barack Obama explained his carbon cap and trade scheme to the San Francisco Chronicle. In a recorded interview, he explained that under his plan, "every unit of carbon... would be charged to the polluter." He concluded this statement with the following quote:

So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted.


In other words, Obama will essentially outlaw an entire industry that provides half of America's electrical power. How do you suppose that this will affect your energy rates? How will this play out in Pennsylvania and West Virginia? Why hasn't the mainstream media caught onto this? (as if I even need to ask)

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