Obama's Plan To Bankrupt New Coal Plants [Nice Deb] | Main | McCain on SNL
November 02, 2008

Skyrocketing Electricity Costs Are My Plan, Bitch

Qwinn pointed this clip out in Nice Deb's post below, from the same interview I believe. I tried to add it as an update but mucked something up, at any rate it's noteworthy.

You know, when I was asked earlier about the issue of coal, uh, you know Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because Im capping greenhouse gases, coal power plants, you know, natural gas, you name it whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.

Typically, Obama stumbles over his own rhetoric and uses the word "money" when he means "cost". But he's quite clear on the impact... he intends to extort bucks from energy producers, who will have to pass on those costs to their consumers, which are, uh, us. This little matter of short term pain, skyrocketing electricity rates is just a small price to pay to pave the way for the coming energy utopia when we heat our homes with faerie farts and renewable rainbows.

"duh" update: link added.


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posted by Dave In Texas at 05:22 PM

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