Obama Promised to Bankrupt Coal Power Plants, and Consumers of Coal Powered Electricity

This interview is from January 2008, but the San Francisco Chronicle neglected to mention the details he readily admitted of his cap and trade scheme when they wrote a story about the interview.

More than 50% of American electricity comes from coal. The cost of coal powered energy will skyrocket under Obama’s plan. If you thought that the price of gas going from $1 per gallon to $4 at its peak was bad on your wallet, imagine the price of electricity quadrupling. What is your electric bill now? What will it be if it is multiplied by four? Mine will be around $1000 a month. What about yours?

Is that a change you can believe in?

h/t: Newsbusters.

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