Bankrupt the coal industry

Discussion in 'Congress' started by Skull Pilot, Nov 2, 2008.

  1. Skull Pilot
    Offline

    Skull Pilot Platinum Member

    Joined:
    Nov 17, 2007
    Messages:
    31,824
    Thanks Received:
    4,502
    Trophy Points:
    1,130
    Ratings:
    +10,110
    [youtube]Hdi4onAQBWQ[/youtube]


    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.


    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. 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.

    What?

    We get half of our electricity from coal. BHO does not want nuclear power. This means we can expect huge hikes in our electric bills if BHO gets his way
     
    • Thank You! Thank You! x 1
  2. DavidS
    Offline

    DavidS Anti-Tea Party Member

    Joined:
    Sep 7, 2008
    Messages:
    9,811
    Thanks Received:
    766
    Trophy Points:
    48
    Location:
    New York, NY
    Ratings:
    +767
    So where exactly does it say that he's going to hurt existing coal power plants?
     
  3. AVG-JOE
    Offline

    AVG-JOE American Mutt Staff Member Gold Supporting Member

    Joined:
    Mar 23, 2008
    Messages:
    22,889
    Thanks Received:
    4,884
    Trophy Points:
    260
    Location:
    Your Imagination
    Ratings:
    +7,020
    OR... we can expect huge investment in the infrastructure to produce cleaner electric power to offset the costs of high-carbon output production.

    There are only 2 reasons a business pursues research - competition or direction from the people who give them a monopoly.

    Perfect? Hardly!

    Better? I think so!

    -Joe
     
  4. DavidS
    Offline

    DavidS Anti-Tea Party Member

    Joined:
    Sep 7, 2008
    Messages:
    9,811
    Thanks Received:
    766
    Trophy Points:
    48
    Location:
    New York, NY
    Ratings:
    +767
    Besides coal mining industries don't build coal power plants. Multi-billion dollar corporations do. This is yet another right wing distortion of an interview Obama gave. What new interview do we get to hear tomorrow when Obama is talking about his Christian faith and because he's talking about how much he loves his faith, the Republicans are going to accuse him of being an anti-semite? This is ridiculous.
     
  5. Skull Pilot
    Offline

    Skull Pilot Platinum Member

    Joined:
    Nov 17, 2007
    Messages:
    31,824
    Thanks Received:
    4,502
    Trophy Points:
    1,130
    Ratings:
    +10,110
    BHO's cap and trade is a clone of the Gore carbon credit scam.

    Existing coal plants will have to bid up huge amounts to buy the "credits" they need to run without fines. New coal plants will be bankrupted. What that means is double, triple or even quadruple electric bill for the next how many years until all this new infrastructure is built and up and running.

    oh btw didn't you know we are headed for a recession. Not only does BHO want to raise taxes on businesses he wants to make it more expensive for you to live.

    good plan
     
  6. Skull Pilot
    Offline

    Skull Pilot Platinum Member

    Joined:
    Nov 17, 2007
    Messages:
    31,824
    Thanks Received:
    4,502
    Trophy Points:
    1,130
    Ratings:
    +10,110
    If no one builds new coal plants and the existing coal plants become obsolete and too expensive to upgrade because of the cap and trade, they too will close and there goes the entire industry

    And what is distorting about quoting someone's exact words?
     
  7. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    More silly scare tactics from the right.

    Thank God, this will end on Tuesday.
     
  8. SwingVoter
    Offline

    SwingVoter VIP Member

    Joined:
    Aug 30, 2008
    Messages:
    1,246
    Thanks Received:
    123
    Trophy Points:
    83
    Location:
    Richmond, Virginia
    Ratings:
    +129
    he's not an anti-Semite, his campaign mgr is a Jew, but there's no question he's anti-Zionism - please show some pride in your religion
     
  9. SwingVoter
    Offline

    SwingVoter VIP Member

    Joined:
    Aug 30, 2008
    Messages:
    1,246
    Thanks Received:
    123
    Trophy Points:
    83
    Location:
    Richmond, Virginia
    Ratings:
    +129
    Mac supports cap and trade, too, we've got a consistent liberal running against an incoherent one, the GOP has no balls, and they're not getting anywhere with the current Democrat-lite strategy
     
  10. Skull Pilot
    Offline

    Skull Pilot Platinum Member

    Joined:
    Nov 17, 2007
    Messages:
    31,824
    Thanks Received:
    4,502
    Trophy Points:
    1,130
    Ratings:
    +10,110
    I love how you Dimmies call a direct quote of the chosen ones very words in his own voice a scare tactic.

    Excuse me if I am not a sheep and will not just stand doe eyed with loving admiration for BHO.

    Listen to what he says. You tell me, did he mean it? Is he lying? Do you think that he won't do what he says?
     
    Last edited: Nov 2, 2008

Share This Page