Obama Vows to Starve the Coalfields!
The One said-
"Let me sort of describe my overall policy.
What I've said is that we would put a cap and trade system in place that is as aggressive, if not more aggressive, than anybody else's out there.
I was the first to call for a 100% auction on the cap and trade system, which means that every unit of carbon or greenhouse gases emitted would be charged to the polluter. That will create a market in which whatever technologies are out there that are being presented, whatever power plants that are being built, that they would have to meet the rigors of that market and the ratcheted down caps that are being placed, imposed every year.
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." (link)
Comments on "Obama Vows to Starve the Coalfields!"
Attention citizens of Lebanon, VA -- How much lipstick do you put on a closed mine before it's not a closed mine?
He also said his policy would cause your power bills to 'skyrocket'. If you can't believe he will do this why believe anything else he says. I'll watch the votes in the coal counties and see how many were stupid enough to cut the throats of their own families.
Firefighter
Thanks for commenting Salt Lick! Good to see ya and fire the blog back up!
Firefighter, There is plenty of stupid to go around in this place.
Thanks, Carl.
Keep up the good work.