Posted on 06/12/2011 11:14:58 PM PDT by Nachum
COMMENTARY | President Barack Obama, while still a candidate, promised he would bankrupt the coal industry. According to the Chicago Tribune, it looks like this will be a rare promise that Obama will actually keep.
Unfortunately, it will mean sky-rocketing electricity prices for Americans, as much as 60 percent more by AdChoices 2014.
The Obama administration intends to slap environmental regulations on coal fired plants that will make many of them impossible to operate. Even those coal plants that will continue to function will only do so at the expense of billions of dollars of upgrades, which of course will be passed along to the consumer.
Obama's plan to bankrupt the coal industry originally depended on cap and trade. Coal fired plants produce more than their share of so-called greenhouse gases such as carbon dioxide and would have been hit hardest in a cap and trade regime.
(Excerpt) Read more at associatedcontent.com ...
That's okay 'cause Obama's gonna fill up mah car! (Remember Peggy the Moocher?)
I swear Volt owners will start hitching burros to a mechanism attached to the wheels of those electric cars and turning them into home generators.
0bama Coal Regulations to Boost Price of Electricity as Much as 60 Percent by 2014
Thanks, 2ndDivisionVet. - Just this morning read the price of Coffee Beans almost doubled from August 2010 to May 2011.
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The minions are still out attacking the truth on this.
http://www.kentucky.com/2011/06/12/1772053/eblen-kentucky-politicians-rant.html
Living in coal country the truth is out there. And even the local propaganda machines are attacking those who tell the truth.
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