Transcript: Obama’s Plan to Bankrupt the Coal Industry
Terry Trippany on Nov 02 2008 at 11:36 am | Filed under: Election 2008, Feature Article, Media Watch
Working in the U.S. Coal industry? So sorry, if Barack Obama is elected your job is in the crosshairs of government mandated elimination.
Newsbusters posted a transcript of an audio interview from January that the mainstream media has kept under wraps.
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.
Another reason the Democrat’s early voting experiment should be in the crosshairs of elimination instead of the coal industry.
Update: Palin Slams Obama for Comments About Killing the Coal Industry:
See Also: Michellle Malkin
Palin pranked on Radio. It’s really funny. She could be our President!
http://www.youtube.com/watch?v=-eGRHUht6…
Yeah Bob, at least Palin isn’t too stupid to cut and paste a link into a blog. Good work on your part.
Speaking of pranks, how’s that Obama redistribution plan working out?
Once he’s done decimating the coal industry, destroying small business and appointing former terrorists to his cabinet we can all finally be proud to be Americans.