Obama intends to bankrupt you.
Newsbusters has it, and also via Michael and Gateway Pundit,
Transcript via Free Republic,
Interviewer: Alternatives including coal or?
Obama: Let me sort of describe my overall policy. Now what I have said is that we would put a cap and trade system in place that is more that is as aggressive if not more aggressive as anybody else’s out there.
I was the first to call for a 100% option on the cap and trade system which means that every unit of carbon or greenhouse gases was 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 those the rigures of that market and the ratcheded down caps are placed imposed every year.
So if somebody wants to build a coal power plant they can. It’s just that it will bankrupt them because they are 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, bio-diesel and other alternative energy approaches.
The only thing that I have said with respect to coal, I havent been some coal booster. What I have said is that for us to take coal off the table as an ideological matter as opposed to saying if technology allows us to use coal in a clean way we should pursue it.
Biden: No coal plants are in America, build them if they are going to build them over there. Make them clean because they are killing you.
http://www.brightcove.tv/title.jsp?title=1381682549 smear clips are a joke watch the interview for yourself don’t be a sheep swayed by the GOP.
The final paragraph blunts any and all damage to Obama:
The only thing that I have 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 an ideological matter as opposed to saying if technology allows us to use coal in a clean way we should pursue it.
All I heard was Obama saying that “dirty” coal business and startups will be bankrupt. “Clean” coal is the way to go. I didn’t vote for Obama (Bob Barr for me) but as I said earlier, I don’t think this will affect him. The race is 50/50 as far as I’m concerned.
T-Steel Says: “(Bob Barr for me).” You just voted for Obama fool.
Gee, T-Steel. What part of
“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 I’m 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.”
…did you not understand?
Quote:The final paragraph blunts any and all damage to Obama:
Perhaps you should take a class on reading comprehension…. QUOTE – What I have said is that for us to TAKE COAL OFF THE TABLE AS AN IDEOLOGICAL MATTER as OPPOSED to saying we if technology allows us to use coal in a clean way we should pursue it.
In other words… take coal out of the equation completely, NOT make it cleaner.