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Obama: I’ll make energy prices “skyrocket”
hotair ^

Posted on 11/02/2008 9:37:41 AM PST by flyfree

In another clip from the same January 2008 interview with the San Francisco Chronicle in which Barack Obama promised to bankrupt anyone foolish enough to build coal-burning power plants, he also made an interesting admission about his entire energy plan. Obama told the editors that his policies would make energy prices “skyrocket” as the energy industry passed along the exorbitant costs of his cap-and-trade policy:

AUDIO AT LINK

The problem is not technical, uh, and the problem is not mastery of the legislative intricacies of Washington. The problem is, uh, can you get the American people to say, “This is really important,” and force their representatives to do the right thing? That requires mobilizing a citizenry. That requires them understanding what is at stake. Uh, and climate change is a great example.

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.

They — you — you can already see what the arguments will be during the general election. People will say, “Ah, Obama and Al Gore, these folks, they’re going to destroy the economy, this is going to cost us eight trillion dollars,” or whatever their number is. Um, if you can’t persuade the American people that yes, there is going to be some increase in electricity rates on the front end, but that over the long term, because of combinations of more efficient energy usage, changing lightbulbs and more efficient appliance, but also technology improving how we can produce clean energy, the economy would benefit.

If we can’t make that argument persuasively enough, you — you, uh, can be Lyndon Johnson, you can be the master of Washington. You’re not going to get that done.


TOPICS: Breaking News; Front Page News; Politics/Elections
KEYWORDS: 2008; cce; ccx; climateexchange; coal; digg; econuts; energy; energypolicy; globalwarming; greenparty; greens; joycefoundation; mauricestrong; obamao; strong
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To: Para-Ord.45

Unless a miracle is pulled off, we Americans are screwed, blued, and tattooed!


141 posted on 11/02/2008 6:34:13 PM PST by Tolerance Sucks Rocks (National goon squads ensure order and discipline! Obamao for President!)
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To: Enchante
"Why was this suppressed for the past 10 months????"

Because voters don't support Trickle-Up Poverty.

142 posted on 11/02/2008 6:51:10 PM PST by editor-surveyor (Obama isn't just an empty suit, he's a Suit-Bomb trying to sneak into the White House.)
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To: All

The GD in-the-tank MSM kept a lid on this since January!


143 posted on 11/02/2008 8:23:14 PM PST by Main Street (Stuck in traffic.)
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To: flyfree

BTTT


144 posted on 11/02/2008 8:31:07 PM PST by TenthAmendmentChampion (Lord please bless our nation with John McCain as President and Sarah Palin as Vice President! Amen.)
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To: RatsDawg

Sent


145 posted on 11/02/2008 8:43:22 PM PST by TenthAmendmentChampion (Lord please bless our nation with John McCain as President and Sarah Palin as Vice President! Amen.)
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To: Tolerance Sucks Rocks

Unless a miracle is pulled off, we Americans are screwed, blued, and tattooed!


Gonna be tough, McCain is behind in States that he should be ahead in.

Looks like Americans are gonna sell their birthright to Totalitarianism that will be institutionalized long after The Messiah is out of office.


146 posted on 11/02/2008 9:32:57 PM PST by Para-Ord.45 (`)
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To: xcamel

Thanks for the ping; I have to check out this “Digg” phenomenom.


147 posted on 11/03/2008 4:36:18 AM PST by alwaysconservative (Make sure to VOTE for McCain-Palin!)
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