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Obama To Bankrupt Coal Industry

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posted on Nov, 3 2008 @ 12:30 PM
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John McCain Proposes A Cap-And-Trade System That Would Set Limits On Greenhouse Gas Emissions While Encouraging The Development Of Low-Cost Compliance Options
www.johnmccain.com...

McCain supports the exact same thing. So to decry Obama for this plan means you are against McCain's plan. They are the same plan. So if one is bad then both are bad. If you support one you support both.




posted on Nov, 3 2008 @ 12:47 PM
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reply to post by GamerGal
 


I see here where McCain is going to wreck the coal industry.????

Roper

John McCain Proposes A Cap-And-Trade System That Would Set Limits On Greenhouse Gas Emissions While Encouraging The Development Of Low-Cost Compliance Options. A climate cap-and-trade mechanism would set a limit on greenhouse gas emissions and allow entities to buy and sell rights to emit, similar to the successful acid rain trading program of the early 1990s. The key feature of this mechanism is that it allows the market to decide and encourage the lowest-cost compliance options.

* How Does A Cap-And-Trade System Work? A cap-and-trade system harnesses human ingenuity in the pursuit of alternatives to carbon-based fuels. Market participants are allotted total permits equal to the cap on greenhouse gas emissions. If they can invent, improve, or acquire a way to reduce their emissions, they can sell their extra permits for cash. The profit motive will coordinate the efforts of venture capitalists, corporate planners, entrepreneurs, and environmentalists on the common motive of reducing emissions.



posted on Nov, 3 2008 @ 01:11 PM
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Ditto to Gamergal - their positions are the same:

wonkroom.thinkprogress.org...



posted on Nov, 3 2008 @ 03:23 PM
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Obama is trying to raise our level as a nation and people are scoffing at him. Aren't people tired of being a type 0 nation and civilization relying on the remains of dead plants. Why can't individuals see the benefits of a decentralized energy economy and the security that it brings? Oil, natural gas, and nuclear fission are not the answer. We have only 3% of the worlds oil and natural gas supplies. We have about 2.5% of the worlds uranium supplies and havent had a mine open in years much less built a new nuclear plant. These are not things upon which to declare our energy independence. So called clean-coal technology is not really clean at all, just an industry term that refers to a cleaner burning technology and makes the construction of these plants more palatable to the masses. Its time to move forward and leave such primitive technologies in our past.



posted on Nov, 3 2008 @ 03:56 PM
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No wonder Barry wanted his supporters to go vote early. Vocally coming out and saying one of your primary objectives once you become President is to intentionally backrupt 50% of the electrical power generation in your country, and also any working person making $120k per year; is just political suicide, if the common people ever heard it. Now that's the key! None of the MSM is covering this so Barry will get elected, and the common people won't hear about this until after it's too late. It's definitely going to be an interesting 4 years, that's for sure.



posted on Nov, 3 2008 @ 10:46 PM
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reply to post by ORIPEIA
 


If people really want the solar solution then what needs to happen is the UBC be changed to require all new homes built be built with active solar and 72 hour battery storage. This will add $20 to $40 K to the price of a home but on a 30 year note you might come out ahead on the monthly payments. Any one can do this now and I know people who have. The problem is that the batteries need TLC and are costly to replace, average of a 10 to 15 year life.

If, however, people think that you can build enough centralized Solar, wind, geothermal units in the next 10 years to replace coal and gas plants they need to look at what goes into each of these systems. We do not have enough skilled crafts people in the US to build this amount of generation in a 10 year time frame. At this point in time we do not have enough qualified Boiler Makers to keep up with the repairs on the current fleet. And for thermal solar and geothermal units you need Boiler Makers to build them. Nether candidate has a clue as to the demands this program will place on the electrical system. If we started training some one today they would be ready to go in three maybe two years. You will require about 500 to 1000 skilled workers for each unit built and it will take two to three years to build it. If the average sized unit is about 50 mega watts for a geothermal and 150 mega watts for thermal solar you are talking about one boat load of workers to replace all the coal and gas generation in the country. I have no idea of what it requires for wind generation so I will not comment on it.

Oh you will also have to look at the supply of boiler tube, turbines, generators and transformers to build your new stations. Transformers 12 months waiting period from cutting the check to getting your hands on it. Turbine generator sets 18 months. Boiler tube I was quoted 18 months for full panels. And for geothermal you need to drill a bunch of wells for each unit; steam and re-injection that requires drill rigs and qualified people to run them.

So if you want this to work each person must become their own power company. Personal responsibility will be required.



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