He didn't miss a damned thing.
The little dirtball drew up the plans for California's experience.
"Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket," Obama told the Chronicle. "Coal-powered plants, you know, natural gas, you name it, whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers."---Obama, January 2008
Dirtball didn't get cap and trade but executive-order EPA regs are an attempt to accomplish the same thing.