So if somebody wants to build a coal-powered plant, they can. Its just that it will bankrupt them because they are going to be charged a huge sum for all that greenhouse gas thats being emitted. Candidate Barack Obama,
San Francisco Chronicle interview,
January 17, 2008
Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket. Candidate Barack Obama,
Same interview as above
Were going to have to cap the emission of greenhouse gasses. That means that power plants are going to have to adjust how they generate power
but a lot of us who can afford it are going to have to pay more per unit of electricity, and that means were going to have to change our light bulbs, were going to have to shut the lights off in our houses. Candidate Barack Obama,
Iowa PBS interview, November 9, 2007
So much for President Obamas claims to be for an all-of-the-above approach.
The company I used to work for wanted to build an asphalt load out plant on city property in Stockton.
After the state air board, the county board and the neighborhood committee got done with us, we built the thing in Reno.