Obama's prophecy: So, if somebody wants to build a coal[electric utility] plant...

Discussion in 'Politics' started by healthmyths, Jul 30, 2012.

  1. healthmyths
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    healthmyths Gold Member Supporting Member

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    they can it’s just that it will bankrupt them,!"

    Facing declining demand for electricity and stiff federal environmental regulations, coal plant operators are planning to retire 175 coal-fired generators, or 8.5 percent of the total coal-fired capacity in the United States, according to an analysis by the Energy Information Administration (EIA).

    Read more: Record number of coal-fired generators to shut down in 2012 | The Daily Caller

    This means fulfillment of Obama's prediction!!!...

    Obama has told us HE thinks making companies go bankrupt is worth it!
    So, if somebody wants to build a coal[electric utility] plant, they can it’s just that it will bankrupt them,!"
    Obama: We’ll bankrupt any new coal plants « Hot Air

    FOLKS this guy is TEARING down our country in front of our EYES!
    Daily making rules, regulations that are destroying our businesses, our resources our wealth!
     
  2. buckeye45_73
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    buckeye45_73 Lakhota's my *****

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    Cant have cheap energy.....but hey liberals are always looking out for the little guy....BWAHAHAHAHAHAHA
     
  3. bodecea
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    bodecea Diamond Member

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    They are building them now...so, what's the problem?
     
  4. healthmyths
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    healthmyths Gold Member Supporting Member

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    While many of those coal plants are old and relatively inefficient, the scope of this new planned shutdown is unprecedented.

    “The coal-fired capacity expected to be retired over the next five years is more than four times greater than retirements performed during the preceding five-year period,” EIA noted in the analysis.

    The generators that will be retired between 2012 and 2016 are “approximately 12% more efficient than the group of units, on average, that retired during 2009-2011,” according to the EIA.

    The low price of natural gas resulting from the shale boom has led to reduced coal consumption and made the shutdowns necessary, experts say.

    But federal and state regulations have also damaged the industry and contributed to plant closures.



    Read more: Record number of coal-fired generators to shut down in 2012 | The Daily Caller
     
  5. hjmick
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    hjmick Gold Member

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    And they complain about Romney and Bain...
     
  6. Neotrotsky
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    Neotrotsky Council to Supreme Soviet

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    It really is amazing that with all of Papa Obama's education
    he knows so little
     
  7. healthmyths
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    healthmyths Gold Member Supporting Member

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    Actually IT IS his education that has caused the problems!
    Most of the academic world in the USA especially are people with very severe inferiority complexes.
    They are very intelligent BUT constantly seeking approval that they ARE!
    As a result what THEY perceive as jingoistic flag waving capitalism, evil profits all words they have contempt for is what actually provides them their stipends, their research grants, their salaries!
    And that's how Obama has survived!
    Remember his entire life has been one of DEPENDENCY on the tax deductions of wealthy people!
     
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