A carbon tax starting at $20 a ton of carbon dioxide equivalent and rising at about 6 percent a year could raise $154 billion by 2021, Obama May Levy Carbon Tax to Cut the U.S. Deficit, HSBC Says - Bloomberg Obama's keeping his promise!!! HIS EPA forcing the following to lay off people: a) coal companies facing a regulatory environment thats aggressively aimed at constraining the use of coal. b) Obama says: "if somebody wants to build coal utility plant its just that it will bankrupt them,!" c) And he went on to say: Under my plan....electricity rates would necessarily skyrocket" But of course the IDIOT doesn't seem to understand MARKET forces... Because HE IS OK with skyrocketing rates!!!