Audio Of Obama Saying He WILL Bankrupt The Coal Industry

Naked Emperor News nails Barack Obama again.

This time Naked Emperor has unearthed audio of Barack saying he will bankrupt the coal industry.

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 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.

Bankrupting the coal industry so could put more than one hundred thousand people in the unemployment line, meaning more competition for already hard to find jobs as well as skyrocketing energy costs.

No new coal plants would be built, the cost will prohibit their building.

In the audio Barack said:

every unit of carbon or greenhouse gases emitted would be charged to the polluter

How far would he take this charging (read: taxation) of “polluters”?
You and I are in fact polluters to one extent or the other.

There exist untold number of ways to charge businesses and individuals for their pollution, energy is not the only pollution we produce.

He talks of using the money gathered from the greenhouse emissions tax to finance alternative energies. There are no alternative energies on the table right now that are anywhere near being viable in such a way as to even consider replacing coal.

Any such alternative energies which might hold potential to replace coal are at best more than a decade from viability.

The taxation of greenhouse emissions may in fact generate billions of dollars as he say’s, it will also generate joblessness, individual reliance on government (which I’m sure would please him), given time it isn’t hard to imagine brownouts and rolling blackout across the nation.

America may well make a very disastrous choice this November 4th if they choose Barack Obama to lead this nation.

I am not among the money silly conservatives who believe that Barack Obama is a good and well intentioned man with bad ideas.

I believe the considerable and ever mounting evidence suggests that he is anything but well intentioned and is a man with very specific plans. Plans which mean to make as many Americans as possible dependent, even subservient to the government.
Cross Posted @ Little Bit Tired, Little Bit Worn