So Obama hates the coal and electric industries, eh?
Bumped up from Nov 02 - just for a reminder. This is NOT about saving the planet - this is all about more Government control over a vast area of our lives, as energy is the foundation of a modern society. That said, the Waxman bill is fitting in with what Obama wants - to send YOUR electricty costs skyrocketing for an outcome that is meaningless in 100 years and gives China and India an open field to dominate us economically. Even the EU is cheating on their own version of this and Australia is about to turn down the chance to put their own necks into the gallows.
Well, the leak of what Obama really thinks, starting with "Joe the Plumber" and the redistribution of wealth just keeps on getting bigger and bigger.
Now, not only is he going to tax us, and the companies we work for, into oblivion. Now, he is going to shut down both the coal and electric generation industries.
Transcript here of his San Francisco Chronicle interview of Jan 17, 2008:
Please remember, than when people like Obama talk about a "market", it is NEVER a free market - the only kind that works. This is a Government mandated distortion of the energy industry.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.
And he will not just use this "market" for what was it's original purpose (anti-pollution, although I disagree with the basic premises for what is causing global warming. Except now, it is starting to look like Global Cooling - and THAT will be MUCH more dangerous!).
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.
So, because Obama doesn't like that industry, he will use the force of government to put them out of business.
That will also generate billions of dollars that we can invest in solar, wind, biodiesel and other alternative energy approaches.
The only thing I've said with respect to coal, I haven't been some coal booster.
Note: coal is one of the areas of energy that the US IS self-sufficient - but it seems that Obama may really not want that!
And as I have said before - with politicians, it isn't about being environmentally friendly - it IS about changing our behavior to fit what they believe is better for us.
And, it is ALL about the revenue streams....and what they can do with it.
It's not the companies that are the greediest - it is the politicians. At least we get something from the companies of some value....
What I have said is that for us to take coal off the table as a (sic) ideological matter as opposed to saying if technology allows us to use coal in a clean way, we should pursue it.
So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them.
So, once again, ideology trumps the economy and our energy needs. Hey Pennsylvania and West Virginia - you wanna start losing jobs?
I guess this means that Obama won't have to wait for his useful idiots on the Left to get the Fairness Doctrine going to shut up us Right Wingers - no coal, no electricity for radio or computers.
Problem is, it won't be just us....
(H/T: NewsBusters)
And this from Gateway Pundit:
Remember... Obama said he would raise power and fuel prices to change our bad habits and that it's going to hurt--
"It's not going to be painless."
Video HERE.




Comments
Posted by: matt t | November 2, 2008 7:24 PM