Hmmm... Obama and the Coal Industry. This is a direct quote from our "President Elect" taken from his interview with the San Francisco Chronicle:
"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."
Wow... that's some pretty harsh words there pilgrim. How many folks reading this post know of someone living in a coal rich state? I personally know a brilliant young "soon to be" engineer, living in a one such state, and he very vigorously disagrees with our ignorant young "soon to be" president for reasons too numerous to post, but to name a few; jobs, local economy, educational opportunities, equipment manufacturing, tax base...
More to come in my next "Obama on the Issues" that deals with Wealth Redistribution.
"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."
Wow... that's some pretty harsh words there pilgrim. How many folks reading this post know of someone living in a coal rich state? I personally know a brilliant young "soon to be" engineer, living in a one such state, and he very vigorously disagrees with our ignorant young "soon to be" president for reasons too numerous to post, but to name a few; jobs, local economy, educational opportunities, equipment manufacturing, tax base...
How many other industries does Mr. Obama intend to bankrupt? How bout the battery industry because of the lead, how bout the tobacco industry as it emits some noxious fumes as well, how bout the welding industry (look at all that smoke), how bout the auto industry (more smoke), how bout the pig farmers and all their methane emmissions, how bout angus beef ranchers and all those noxious "cow emmissions"? Where exactly will it end I wonder? Maybe we should just put a tax on "stupid", whoof that'd fund the country for another 40 years or so yes?
More to come in my next "Obama on the Issues" that deals with Wealth Redistribution.
1 comment:
Considering the States receive the majority of their electricity from coal-fired plants, a bankrupt coal industry will do a wondrous and spectacular thing to the middle-class, and lower-class electric bill. Prepare yourself to not be able to afford to turn on your bathroom exhaust fan, or heat your water with an electric water heater. Because, instead of paying 12 cents a KWH, you will be paying a significantly higher amount. We might have to resort to manual toothbrushes instead of electric ones. Yeah Obama!! Bankrupt the coal industry, YEAH!! I'm sure it won't have any other unintended consequences like bankrupting the middle-class... *@#$&!!!
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