Obama To Bankrupt Coal Industry

Starred and Flagged!

What Obama said was repulsive enough - he is extremely naive when it comes to coal technology - but Biden's comment at the end takes the cake.

Obama has bought into Algore's arguments. Now he is against coal, and given his comments on nuclear waste, that too will soon be off the table.

Have no fear folks,
All fires are first started with conditions approaching critical mass.
Despite the short term pain of moronic policies, it also may be the spark.
I see this as a positive development, but only in a long term perspective, of course.

Obama is a dangerous man. Notice he said that all carbon emissions would be taxed by the polluter, so does that mean that when my baby has a bowel movement he will tax her? or when I burp, what about our garbage? More fees and taxes? Trust me this new carbon tax initiative will not help to create new energy alternatives, it will just force more Americans into poverty and having them think that it will lead to a better future. Do you really think the government is going to push for cleaner energys' when they will now have a money making machine with these new taxes? Hell no!
Another carrot and stick game.

Yeah, yeah, yeah...

...and he's the anti-Christ, he's a Liberal, he's a Socialist, he's a Communist, he eats babies, he kicks dogs AND he picks his nose.

Is there anything positive one can say about the GOP candidate or is it all just fear, uncertainty and doubt about Obama?

We got rid of our coal mines in the eighties under Thatcher. Everyone went ape, and all of new New Labour's emmissions cuts were as a result of the fact that we switched to gas, so that was that. Now we can't supply ourselves with enough gas but because of the environment cannot go back to coal because it emits more carbon. Oh well, that's progress.......

What the goal is, is to increase the cost of coal and natural gas fired power plants so that solar and wind power will be cheaper. This means that you will be looking at, this is just a SWAG, about $15 to $20 a MMBTU's from the current $2.50 to $3.50 MM BTU for coal and $5 to $7 MM BTU for gas. This should just about double the cost of a mega watt of power. Remember this is just a swag at this point.

Solar will require molten salt heat storage on a solar thermal unit or you only get power when the sun is out. PV solar is a non starter unless you have massive battery banks and if the sun goes behind a cloud your generation drops to almost zero. Wind power requires 7 to 9 MPH wind to work and it only works if the wind blows. A combined solar wind set up for a typical home will set you back $20000 to $40000 depending on where you live; days of sun light and days of wind.

Geothermal is a cost effective and reliable power generator. The problem is that there is not a lot to be had outside of Nevada.

The cost to the consumers will be very high. I work at a coal fired power plant and most people do not have a clue about what it takes to keep the lights on. I think that I am going to start looking at teaching school or some other government job because it do not want to feel responsible when the light go out.

Originally posted by kosmicjack
Yeah, yeah, yeah...

.
Is there anything positive one can say about the GOP candidate or is it all just fear, uncertainty and doubt about Obama?

Yep! He ( McCain) ain't Obama!

McCain served this country in time of war.

He will get an administration that is sharper on the economy. ( I hope) Maybe, just maybe he won't tax us into poverty. I think he will leave the 2A alone too.

I'm not crazy about McCain but Obama scares the hell out of me.

We have a lot of coal fire electrical plants in this country, I don't want the lights to go out.

Roper

Roper

reply to post by Roper


Well, I can only say that this is America and you have every right to your opinion and to cast your vote for fear.

I'm pretty sure the lights will stay on regardless. Unless the aliens come...

Here is a pie chart showing how important coal is to the US.

I grew up in an area where coal mining and steel making were the key industries. The US knows how to make clean coal technology. We don't need Algore or BHO to say we don't.

The carbon credits scheme is another tax, except that nobody will be able to escape it. It does not "generate" wealth; it merely taxes existing resources.


Figure 2. U.S. Electricity Generation by Energy Source , 2004




[edit on 2-11-2008 by jsobecky]

Originally posted by kosmicjack
reply to post by Roper

 

I'm pretty sure the lights will stay on regardless. Unless the aliens come...

I don't know, there were rolling black-outs in Calif. a couple of years ago, maybe it was last summer, can't remember the time line.

I don't believe in space aliens.

Roper

I'm going to re-post my response to the locked duplicate here...

That's not the worst. He even admits that under his plan, 'electricity rates would necessarily skyrocket'. Those are his words, not mine. Wait until 1:45...



Yeah, this guy is a real friend of the middle and lower classes alright.


If anyone needed any more evidence that the media has been covering his backside during this campaign, there should be no more doubt. I'm just glad that this is something that we're going to hear about before the election, although since its so late, many will not see this. In any event, I have a feeling that this is the tip of a very large iceberg.

Originally posted by crw2006
Notice he said that all carbon emissions would be taxed by the polluter, so does that mean that when my baby has a bowel movement he will tax her? or when I burp, what about our garbage? More fees and taxes? .

He wants Price Signals .

Go to that thread and watch the video.

Price signals = punitive taxes and fees to 'change your behavior' to fit that which Obama wants.

"Yes sir, that will be $20 for 10 gallons of unleaded gasoline and another $20 for greenhouse climate change credits you need to burn the gasoline in your car."

Is it really going to come down to this? Will the government just cripple the industry that they want to see die and give subsidies to the industries that they want to succeed? Sounds like a great plan to bankrupt the entire country. Obama is going to get great reviews from the tree huggers, but not so great reviews from the people who actually have to pay for all of his policies.

dbates, the gas will start to get higher soon after elections so hey better start getting ready to pay 5 gallons for gas very soon.

I don't think we are to reverse back to steam engines you know.