11/03/2008

Obama to Pennsylvania, Ohio and Indiana: I promise to bankrupt your coal industry.

An important update from our good friends at Faultline USA. Barack Obama is promising to bankrupt (his exact words) the US coal industry.

Barack Obama in a January 17, 2008 interview with the San Francisco Chronicle:

"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. . .

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. . ."


Complete story: http://faultlineusa.blogspot.com/2008/11/obamas-words-on-bankrupting-coal.html

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