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Obama will bankrupt the coal industry

"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."

That's the money quote from a interview interview Obama gave the San Francisco Chronicle.

Obama claims the quote is out of context. The following four minute video shows that the context doesn't help Obama at all. Obama plainly says his plans will bankrupt anyone who builds a coal plant.

The Republican National Committee targeted voters in Pennsylvania, Ohio and other coal-producing states with automated calls using Obama's own words -- "coal jobs, which are so important to our community, are in jeopardy. ... Listen to Barack Obama's plans to bankrupt the coal industry."

No wonder the Obama campaign lied to cover-up Biden's "We’re not supporting clean coal," gaffe. Maybe it wasn't a gaffe. Maybe it was an inconvenient truth.

NewsBusters' Tom Blumer reports that when the San Francisco Chronicle published an article about Obama's interview, the so-called newspaper failed to mention of Obama's willingness to bankrupt the coal industry. Nope, there's no media bias for Obama, is there?

 

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Right Side Politics Examiner

Dan Spencer has been blogging at, and as, California Yankee since 2003. He lives in Connecticut and practices law in New York. Here he will discuss...

Comments

  • Andi 3 years ago
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    WAKE UP PA! Did you for get he threw you under the bus with your "guns and religion" and now it comes out that he also said he is going to bankrupt the coal industry that puts food on your table and keeps a roof over your head.

  • setas 3 years ago
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    It's amazing how the truth leaks slowly out of the Obama-Biden containment system.

    Obama and Biden both try to hold it back but they make slips like this anyway.

    The Obama-Biden agenda

    -Share the wealth
    -Bankrupt coal
    -Skyrocket our energy costs
    -Steal our guns and ridicule the religion we "cling to"

    Wake up America.

  • S Penn 3 years ago
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    The McCain camp is misrepresenting Obama's coal comments. In fact, McCain and Obama hold the same position on coal.

    What the McCain camp is not giving you from the original tape:
    Obama: "But this notion of no coal, I think, is an illusion. Because the fact of the matter is is that right now we are getting a lot of our energy from coal. And China is building a coal-powered plant once a week. So what we have to do then is figure out how can we use coal without emitting greenhouse gases and carbon."

    Obama and Biden on Clean Coal: Develop and Deploy Clean Coal Technology. Carbon capture and storage technologies hold enormous potential to reduce our greenhouse gas emissions as we power our economy with domestically produced and secure energy. As a U.S. Senator, Obama has worked tirelessly to ensure that clean coal technology becomes commercialized. An Obama administration will provide incentives to accelerate private sector investment in commercial scale zero-carbon coal facilities. In order to maximize the speed with which we advance this critical technology, Barack Obama and Joe Biden will instruct DOE to enter into public private partnerships to develop 5 "first-of-a-kind" commercial scale coal-fired plants with carbon capture and sequestration.

    Obama Passed An Amendment Supported by Biden To Add $200M For Carbon Capture And Sequestration Technology In Senate's FY 2008 Budget. Obama was the chief sponsor of an amendment to the 2008 Senate Budget resolution that added $200 million for Function 270 (Energy) for the demonstration and monitoring of carbon capture and sequestration technology by the Department of Energy. [SA 599 to SCR 21, Agreed to by Unanimous Consent, 3/23/07]

    Biden Proposed Energy Plan That Would Invest In Technologies To Use Coal More Cleanly. In 2007, Biden proposed an energy plan, "Joe Biden supports more than $50 billion in new incentives for research into: alternative fuel and energy sources, renewable energy technology, nuclear waste management and safety, and carbon capture and sequestration technologies that could allow us to use coal cleanly." [Biden for President Press Release, 11/20/07]

    Source: http://www.whptv.com/news/local/story.aspx?content_id=43762b42-8e1c-4ad9-9a0e-3c63383449fb

  • andy 3 years ago
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    How in the world does this help the middle class?

  • payer 2 years ago
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    biggest tax in world history - passed by democrat house 6/26/09. Lands the most on the poor and middle class - energy bill and higher prices for all needed items food clothing etc.

    Great job voters

  • redpens 2 years ago
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    Cap-and-trade should be called tax and destroy. It will kill the economy. Call your Senators and tell them to vote NO on cap-and-trade

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