Posted on 06/08/2011 7:53:27 PM PDT by SanFranDan
In January 2008 Barack Obama told the San Francisco Chronicle:
“Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers.”
He promised that his plan would cause electricity rates to skyrocket. He wasn’t kidding.
In January, 2011 the Obama Administration, for the first time ever, blocked an already approved bid to build one of the largest mountaintop removal coal mines in Appalachian history.
And, today it was reported that Obama’s energy plans will cause electricity rates to necessarily skyrocket Just as he promised.
Via US News and World Reports:
Two new EPA pollution regulations will slam the coal industry so hard that hundreds of thousands of jobs will be lost, and electric rates will skyrocket 11 percent to over 23 percent, according to a new study based on government data.
Overall, the rules aimed at making the air cleaner could cost the coal-fired power plant industry $180 billion, warns a trade group.
“Many of these severe impacts would hit families living in states already facing serious economic challenges,” said Steve Miller, president of the American Coalition for Clean Coal Electricity. “Because of these impacts, EPA should make major changes to the proposed regulations before they are finalized,” he said.
The EPA, however, tells Whispers that the hit the industry will suffer is worth the health benefits.
And Obama wonders about the failing economy? What a freaking idiot!
The anti-American president can’t be thrown out fast enough.
Ping.
Mountain top mining is far safer.
Michelle and her kids ought to worry quite a bit about this tendency ~ he might get up in the night and start roving around killing them.
It's worth wondering about the EPA geeks who wrote these rules up too.
Did they perhaps start out as young children killing baby ducks?
I’m not mad at him; he is what he is. The guy is doing exactly what he said he’d do. I’m much angrier at the 53% of idiot Americans who put him in the White House.
Republicans have tons of campaign issues to use against this idiot.
If Bam Bam is re-elected he’ll bury this country completely.
EPA, one more agency that should be disbanded, along with Homeland Security, the IRS, the Dept. of Education and others.
Hussein. Doesn’t. Care.
Blame High energy Prices on the economy you are causing and wonder why 48% think we are heading for a depression
When old folks and poor folks die for lack of air conditioning in this summer’s heat, Little Stevie Dunham will have blood on his effeminate hands.
So this is the one campaign promise that he kept ?!
Video 2008
‘I will ruin the coal industry’ Hussein Obama
And in keeping with current trends, I fully expect EPA SqWAT teams to start forming, to break into homes and businesses and enforce arbitrary regulations at gunpoint.
Hussein? Does Care!
Its about shutting down Americas economy and energy sector/
no coal... its a no no
no drilling... its a no no
no fracking....conventional
no fracking shale
Texas oilfields uh uh... some lizard...
G of Mex.... uh uh
So, the price has to go up. In the meanwhile America gets squeezed two ways...we can’t produce our own and worse? He is sitting with his muslim buds running the price up so the islamic world can have the petro bucks. Which means yee haw jihad.
Obama cares very much, it is a concerted effort!
There, fixed it.
nobama knows nothing about the economy. His daily economic updates have been canceled.
When will we start feeling the shock of this action? A year, 2 years, how long? I know we are feeling the increase in unemployment, but a lot of people are just going about their business because they haven’t been laid off. When is the U.S. across the board going to start feeling the extreme differences in light bills, etc. The gas is up to almost $4.00 a gal. but people seem to have excepted it, mainly because they knew it was slowly rising, but people are not screaming in the streets, as of yet. Will these prices rise at a time when the Republicans take over and are trying to solve our debt and collapsed economy problems. Are the Repulicans going to get the blame as they always seem to do and become tongue tied and not defend themselves. OMG!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.