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"It's just that it will bankrupt them"  

post #1 of 18
Thread Starter 
The audacity of BHO in all its glory.

"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."

http://www.youtube.com/watch?v=Hdi4onAQBWQ

So that's what they deserve? That redistribution of wealth will be needed to pay for the electic rates going sky high.

And no, this is not about the environment. I'm all for doing what we can to prevent pollution. But at what expense?
post #2 of 18
I saw that too Neet, but I fear no one else is listening. What about clean coal?
post #3 of 18
bam-bam plans , will double and triple tax business.
what left of real jobs in this country will leave.

and like this, all in the name of the myth that is man made gobel warming.
post #4 of 18
Don't we already have the second highest corporate taxes in the world?
If we raise corporate taxes more, won't that just make more corporations leave this country? Won't we just lose more jobs?
How can raising corporate taxes help our economy?
post #5 of 18
yep we do, only japan is higher.
post #6 of 18
It seems as if this is yet another case of "more to the story".

http://www.sfgate.com/cgi-bin/articl...lf_truth_2.DTL
post #7 of 18
Tragedy of the Commons.

Burning coal results in spewing sulfur and hydrogen cyanide, creating acid rain, and increasing the atmospheric concentration of carbon dioxide. Doing these things don't directly cost the coal-burner any money, but eventually result in huge costs to society as a whole. People have passed environmental legislation that requires coal plants to remove many of the byproducts of coal burning from the exhaust released in to the atmosphere, but all coal burning technologies currently release carbon dioxide. An increase in carbon dioxide concentration in the earth's atmosphere warms the earth, and much of the infrastructure we humans depend upon is itself dependent upon the current climate. Therefore, releasing carbon dioxide incurs a cost to society as a whole. In order to prevent a tragedy of the commons, the most market-based approach is to charge for the use of the commons; in this case, to charge for releasing carbon dioxide. Alternatively, we could just make environmental laws that made it illegal to release large amounts of carbon dioxide. Creating a market in carbon emissions is a much more market-friendly solution.

Essentially, we are paying the cost anyway. If we're honest about it and pay the cost in money up front, it will reduce the eventual environmental costs and allow entrepreneurs to make money inventing the cleaner energy we need. We're never going to get cleaner energy if the cleaner energy is always out-competed by dirty energy whose environmental costs are subsidized by society as a whole.
post #8 of 18
It's seems that McCain said the same thing:

http://www.jedreport.com/2008/11/ohi...cain-will.html

But really! A secret tape 24 hours before a major election? From Newsbusters? That's what the McCain camp is counting on?

Right.

Please note the pattern of McCain's attacks: freak out people in Florida by saying that Obama is connected to a man who was a spokes person for the PLO, now attack Obama about bankrupting the coal industry when he really needs PA and Ohio.

Something doesn't smell right.
post #9 of 18
Thread Starter 
Quote:
Originally Posted by Skippymjp View Post
It seems as if this is yet another case of "more to the story".

http://www.sfgate.com/cgi-bin/articl...lf_truth_2.DTL
I don't see anything in that article link disputing it. Only that the story wasn't intentionally hidden, and was out there for anyone to see.

No one's disputing that he said it yet. And its pretty black and white.

And for the record, McCain's campaign didn't release this. A blogger pointed it out. Don't blame them one bit for mentioning it on the stump, that's what they should be doing.
post #10 of 18
McCain saying nearly the same thing about the coal industry.

Direct quote:
Does it involve some sacrifice on the part of the American people? Yes. I have to tell you, every time I talk to young Americans and say, Are you willing to make some sacrifice to prevent the occurrences that we see are happening now, these young Americans are more than willing to do so.

When we talk about jobs, these Draconian estimates of lost jobs that they have hired some think tank to come up with, what about the jobs and the economic effect on the United States of America that is already taking place when we have four hurricanes in one season in Florida; when we have greater and more extreme climatic effects generated by greenhouse gas emissions? How much is it going to cost when the great barrier reef dies? The Australian Government has said that the great barrier reef
will die by--I think the year is 2040. What happens then to the food chain? What is the cost then?
post #11 of 18
Thread Starter 
I still don't see where McCain says he'll bankrupt an industry and cause energy prices to "skyrocket."
post #12 of 18
Another direct quote:
This amendment, I am sure, will be attacked--thousands of jobs will be lost, we will find some obscure scientist, some will talk about the dangers of encouraging the use of nuclear power. The fact is, we are going to win on this issue. The reason we are going to win is because every single month there is another manifestation of the terrible effects of what climate change is doing to our Earth. The problem is how late will it be when we win? How devastating will be the effects of climate change
on this Earth on which we live? I am very much afraid that every day that goes by our challenge becomes greater and greater.

Emphasis mine. It was called the McCain amendment BTW.

Both candidates have called for a carbon cap.
post #13 of 18
Ohio Senator George Voinovich on the McCain amendment:
The McCain amendment will put coal out of business by forcing fuel switching to natural gas. This might even be why some organizations are pushing this amendment.

Brought to you by: C-Span
post #14 of 18
Quote:
Originally Posted by neetanddave View Post
I don't see anything in that article link disputing it. Only that the story wasn't intentionally hidden, and was out there for anyone to see.

No one's disputing that he said it yet. And its pretty black and white.

And for the record, McCain's campaign didn't release this. A blogger pointed it out. Don't blame them one bit for mentioning it on the stump, that's what they should be doing.
The entire statement is linked within that article. Including the part where he says that it's an illusion to think that the use of coal will be abandoned. I'd like to see coal fall out of use too, but it won't happen, and in the entire statement, he acknowleged that
post #15 of 18
Quote:
Originally Posted by Skippymjp View Post
The entire statement is linked within that article. Including the part where he says that it's an illusion to think that the use of coal will be abandoned. I'd like to see coal fall out of use too, but it won't happen, and in the entire statement, he acknowledged that
I listened to the entire interview this evening, and yeah, this is another example of taking statements out of context in order to put a spin on them.

On the other hand, Obama comes across as very much "under control", i.e., cool and calculating, in that interview.
post #16 of 18
Obama is cold and calculating allright. That we agree on.
post #17 of 18
The Charleston Gazette in West Virgina has also weighed in on this as well.
post #18 of 18
Quote:
Originally Posted by ckblv View Post
Obama is cold and calculating allright. That we agree on.
It's very possible that is exactly what we need. We've had more than enough of the overly emotional, "Baghdad or bust", "Bring it on!" administration technique. From now on, I want my Presidents to be cool, calculating, rational and downright methodical.
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