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Obama Tells SF Chronicle He Will Bankrupt Coal Industry So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them. Watch the Video |
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gas tax  SmartGreenUSA is committed to continuing environmental progress and Smart-Green initiatives. We are dedicated to pursuing the best science available, to evaluate the costs and economic impact associated with the ideas, products and policies proposed as “green” and to be your voice to remind the government that they are elected to serve the people, not to rule over us. We fought a battle to ensure the right to be governed over 200 year ago. With your help we will continue to fight for your rights. DONATE to SmartGreenUSA Thank you for your generous support to help SmartGreenUSA protect America. "A nation of well informed men who have been taught to know and prize the rights which God has given them cannot be enslaved. It is in the region of ignorance that tyranny begins."
Benjamin Franklin "The liberties of our country, the freedom of our civil Constitution, are worth defending at all hazards; and it is our duty to defend them against all attacks. We have received them as a fair inheritance from our worthy ancestors: they purchased them for us with toil and danger and expense of treasure and blood, and transmitted them to us with care and diligence. It will bring an everlasting mark of infamy on the present generation, enlightened as it is, if we should suffer them to be wrested from us by violence without a struggle, or to be cheated out of them by the artifices of false and designing men." Samuel Adams Exposing the truth - Making a difference in this world while I am here. ~ Patrick Hughes ~ SmartGreenUSA |
OBAMA: 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) ideological matter as opposed to saying if technology allows us to use coal in a clean way, we should pursue it.