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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: flyfree

great


61 posted on 11/02/2008 10:56:18 AM PST by tutstar (Baptist Ping list - freepmail me to get on or off.)
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To: Cicero

McCain is stuck with the GW buy-in. The GOP announced it as part of their platform this past summer, so it won’t be going away. All he can do is tactfully avoid it when speaking before (and requesting the vote of) those who have not drunk the Eco-Marxist koolaid of man-made GW. I’ve read a few well-reasoned denunciations of the concept. It really is a shame that the GOP accepted the premise and then went along with the ‘need for change.’ As Bjorn Lomborg points out, because of free markets, the world is a cleaner, less polluted place. This should be the approach of the GOP (IMHO).


62 posted on 11/02/2008 10:57:09 AM PST by Ghost of Philip Marlowe (If Hillary is elected, her legacy will be telling the American people: Better put some ice on that.)
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To: tj21807

I’ve posted it on other forums. His followers are so blind. I cannot for the life of me figure it out.


63 posted on 11/02/2008 10:57:42 AM PST by nobama08
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To: Para-Ord.45

Can we come live with you? I’m only half-kidding.


64 posted on 11/02/2008 10:59:03 AM PST by nobama08
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To: flyfree

Obama the dictator. Buyers’ remorse and common sense should set in before they pull that lever.


65 posted on 11/02/2008 11:01:32 AM PST by hershey
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To: ridesthemiles

My point was a the economy and the popularity of a war are traditionally attributed to the incumbent party... and thus the closeness of this elections suggests that Obama would not even be in the running with the economic and geopolitical situation.

Now by my standards this has not been a conservative administration but I doubt the public at large sees that.


66 posted on 11/02/2008 11:04:27 AM PST by gondramB (Preach the Gospel at all times, and when necessary, use words.)
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To: Para-Ord.45
THE USA IS F****D !

Only if he wins. And that's not looking too likely as each hour passes.

67 posted on 11/02/2008 11:06:56 AM PST by Future Snake Eater ("Get out of the boat and walk on the water with us!”--Sen. Joe Biden)
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To: Future Snake Eater

Polls are polls and we know about weighting, BUT , McCain has to run the table in the battleground States. That`s a long road to hoe.


68 posted on 11/02/2008 11:08:52 AM PST by Para-Ord.45 (`)
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To: ApplegateRanch
We're servicing our 4x4 vehicles for winter. The first 5 inches of snow accumulated Oct 11th. The wood piles are ready to keep us warm. We purchased motorcycles in August and completed our class M endorsement written/riding skills tests before the weather turned bad. The little bikes (TW200/XT250) are 73 MPG+ transportation in town. The big bikes DR 650SE/BV 500 are 55 MPG with long distance capability. My wife still isn't ready for a "real" motorcycle with clutch/gears so the "twist and go" BV 500 allows her to keep up with me on the streets. Next summer I'll get her out on the dual sport bikes.

I'm more concerned about keeping my "in basket" full of productive work. Being an employee at my company doesn't mean squat unless you have performed the necessary marketing and contracting to turn your labor into cash flow. If you're not generating cash flow to cover your salary, the company is quite happy to issue a layoff notice. It's a fine meritocracy with zero job security.

69 posted on 11/02/2008 11:08:53 AM PST by Myrddin
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To: ridesthemiles
Where is John Galt?

John is milling around at the homeless shelter after his janitorial position was cut at the rail station.

70 posted on 11/02/2008 11:10:28 AM PST by Myrddin
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To: TNCMAXQ

I just sent the link to the YouTube audio, but here’s the transcript, if you want to include it: (P.S. I would also include the link from this thread because it has the whole audio and the clip where he says he wants to raise energy prices.)

“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 (sic) ideaological 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.”


71 posted on 11/02/2008 11:11:25 AM PST by Marie (Charlie Gibson is a condescending tool...)
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To: Ghost of Philip Marlowe
If Obama is elected, it is this kind of lunacy that will ensure that he will not finish his first term.
72 posted on 11/02/2008 11:12:08 AM PST by USMA '71
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To: Para-Ord.45

True, but there’s no reason he can’t. Some of these electoral maps have some pretty far-fetched “blue” states for Obama, too. Could be that McCain wins a couple of those and still loses a battleground state or two. Guess we’ll find out on Tuesday.


73 posted on 11/02/2008 11:13:54 AM PST by Future Snake Eater ("Get out of the boat and walk on the water with us!”--Sen. Joe Biden)
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To: Para-Ord.45

Thunder Bay is looking better n’ better.
Keep the faith, Brothers and Sisters in Canada! We are going to need your help.


74 posted on 11/02/2008 11:15:47 AM PST by Shady (The Fairness Doctrine is ANYTHING but fair!!!!)
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To: nobama08

The Obamessiah’s disciples actually think that the president will improve their lives.

The president can have an effect on their lives somewhat. The president can only affect how much government interferes with your life and impedes your personal progress towards what makes you happy and fruitful.

Making yourself happy and fruitful cannot be imposed upon you by an external agent. However, The Obamessiah’s disciples are stupid and gullible and miserable people.


75 posted on 11/02/2008 11:16:49 AM PST by MichiganConservative (Anyone who voted for the bailout thinks of taxpayers as the slaves they are. Vote them all out.)
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To: JustDoItAlways

And this on top of 100% more in taxes - if we are lucky.
The economy of the US will collapse, and we will be invaded.


76 posted on 11/02/2008 11:17:22 AM PST by Shady (The Fairness Doctrine is ANYTHING but fair!!!!)
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To: cll

I just called McCain national headquarters about this. She answered on the first ring, was very nice and said they had had several calls about this already. I told her to please, please, please get this out. The number is 703-418-2008.


77 posted on 11/02/2008 11:19:22 AM PST by dandiegirl
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To: flyfree

Wow. He wants to break us all and destroy the economy altogether!


78 posted on 11/02/2008 11:21:08 AM PST by Earthdweller (Socialism makes you feel better about oppressing people.....)
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To: Calpernia

One of the biggest con games ever played. Lessee, “Jeff I’ll go with first grade science...
What gas is absorbed by trees in photosynthesis and what gas is emitted?

Why, Carbon Dioxide and Oxygen!

Yooooooooooorrreeeeee Right Mr. Gore!!!!!”

Ooops!


79 posted on 11/02/2008 11:21:57 AM PST by Shady (The Fairness Doctrine is ANYTHING but fair!!!!)
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To: flyfree
Perhaps with two years of Obamanomics and gasoline is over $5 per gallon, electricity is almost unaffordable and consumers are being forced into buying new appliances and automobiles by government fiat, the electorate will wake up and start throwing the bums out starting with Congress in 2010.
80 posted on 11/02/2008 11:24:23 AM PST by The Great RJ ("Mir we bleiwen wat mir sin" or "We want to remain what we are." ..Luxembourg motto)
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