It’s never been a secret that President Obama has wanted to kill the coal-mining industry. I wrote here about the furor that then-candidate Obama caused when he said that people could open coal-fired power plants, they’d just go bankrupt doing so:
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.
President Obama’s anti-coal agenda will cost him Ohio’s and Pennsylvania’s electoral votes. It’ll cost him Indiana’s electoral votes, too. President Obama won those states in 2008, adding 52 electoral votes in those states. Losing those states alone drops his EV total to 286. President Obama is likely to lose North Carolina and Florida, too, dropping his EV total to 237.
Now he’s pushing the issue again. Here’s what the Sierra Club said about the crippling new regulations:
Michael Brune, executive director of the Sierra Club, an advocacy group fighting coal-fired power, said in an interview that the regulation shows that President Barack Obama is moving to a cleaner energy future.
“It’s a strong move,” Brune said. “It means there will never be another coal plant built without new technology and it probably means even those won’t be built because they can’t compete.”
TRANSLATION: Coal will eventually go out of business because the EPA’s regulations will artificially drive up the cost of coal-generated electricity. Meanwhile, the Obama administration is subsidizing proven energy failures like Solyndra to the tune of hundreds of millions of dollars.
Minnesota voters should notice that their senators, Amy Klobuchar and Al Franken, aren’t opposing these regulations even though they’ll drive up the cost of heating a home.
The Democrats policies have driven the cost of heating one’s home and putting gas in one’s car through the roof. In short, they’re killing the middle class with excessive regulations driven by their unwillingness to say no to their special interest puppetmasters.
That’s the gentle way of saying they’re gutless politicians who won’t stand up for the middle class.