HolyCoast: Something Else to Look Forward To
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Sunday, November 02, 2008

Something Else to Look Forward To

I mentioned earlier Obama's plan to bankrupt the coal industry, but that's not all his cap and trade plan will do:
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.
Electricity? We don't need no stinking electricity!

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