Some background info. This is not a surprise.
Check out the last paragraph on the second quote (bottom of post).
Obama and Coal: Obama Admits His Policies Will “Bankrupt” Coal Industry
November 2, 2008
Obama on Coal Power:
“So if somebody wants to build a coal-powered plant, they can. It’s just that it will bankrupt them.”
Transcript of audio of an Obama interview with the SF Chronicle:
"Let me sort of describe my overall policy.Obama Energy Secretary Promises "Massive" Coal Plant ClosuresWhat 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) 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."
"Obama Energy Secretary Steven Chu has launched the next phase of the White House’s publicly stated agenda to bankrupt the coal industry via EPA regulations after announcing the prospect of “massive” coal plant closures even as Texas and other states suffer rolling blackouts as a result of maxed-out power plants that cannot cope with demand.The Obama administration’s strict enforcement of draconian EPA regulations has led to new clean-burning coal-fired plants being mothballed and other existing ones being shut down, which has in turn led to Texas and other states becoming energy-dependent, leading to shortages and blackouts exacerbated by freezing temperatures."
It’s just all part of bringing America and it’s people to their knees by the Communist and American hating extreme leftist....
BTW, they’re doing a kick a$$ job...