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Obamer says he will bankrupt the coal industry

jodywy

Well-known member
Hidden Audio: Obama Tells SF Chronicle He Will Bankrupt Coal Industry
By P.J. Gladnick (Bio | Archive)
November 2, 2008 - 07:26 ET

(Please read update about the San Francisco Chronicle neglecting to mention Obama's willingness to bankrupt the coal industry at bottom of this blog.)
Imagine if John McCain had whispered somewhere that he was willing to bankrupt a major industry? Would this declaration not immediately be front page news? Well, Barack Obama actually flat out told the San Francisco Chronicle (SF Gate) that he was willing to see the coal industry go bankrupt in a January 17, 2008 interview. The result? Nothing. This audio interview has been hidden from the public...until now. Here is the transcript of Obama's statement about bankrupting the coal industry (emphasis mine):

Let me sort of describe my overall policy.

What I've said is that we would put a cap and trade system in place that is as aggressive, if not more aggressive, than anybody else's out there.

I was the first to call for a 100% auction on the cap and trade system, which means that every unit of carbon or greenhouse gases emitted would be charged to the polluter. That will create a market in which whatever technologies are out there that are being presented, whatever power plants that are being built, that they would have to meet the rigors of that market and the ratcheted down caps that are being placed, imposed every year.

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.

Story Continues Below Ad ↓

That will also generate billions of dollars that we can invest in solar, wind, biodiesel and other alternative energy approaches.

The only thing I've said with respect to coal, I haven't been some coal booster. What I have said is that for us to take coal off the table as a (sic) ideological matter as opposed to saying if technology allows us to use coal in a clean way, we should pursue it.

So if somebody wants to build a coal-powered plant, they can.

It's just that it will bankrupt them.
Amazing that this statement by Obama about bankrupting the coal industry has been kept under wraps until this time.

UPDATE: NewsBusters' Tom Blumer has found out that the San Francisco Chronicle story published on January 18 based upon this January 17 interview did not include any mention of Obama's willingness to bankrupt the coal industry which you can hear on the audio. You can read the story here when you scroll down to the "In His Own Words" section. Way to cover up for The One, SF Chronicle!

—P.J. Gladnick is a freelance writer and creator of the DUmmie FUnnies blog.

http://media.newsbusters.org/storie...s-sf-chronicle-he-will-bankrupt-coal-industry
http://bizzyblog.com/ObamaSFchronInterview011708.html
audiohttp://www.youtube.com/watch?v=Hdi4onAQBWQ
 

jodywy

Well-known member
Should be the headline in every paper tomorrow in Pa. WV., Ohio, Wy.Co. Ut. Mt.and every other coal producing area....
 

jodywy

Well-known member
fff said:
Your title is a lie. Obama does NOT say he'll bankrupt the coal industry. As usual you couldn't tell the truth if you wanted. :roll: He says he's going to cap emissions and, personally, I think that's a good thing. Did anyone watch the Olympics in China? Did you see their air quality? If we left Bush and big business in charge, that's what the air in this country would look like.
Did you listen to the audio???
 

fff

Well-known member
jodywy said:
fff said:
Your title is a lie. Obama does NOT say he'll bankrupt the coal industry. As usual you couldn't tell the truth if you wanted. :roll: He says he's going to cap emissions and, personally, I think that's a good thing. Did anyone watch the Olympics in China? Did you see their air quality? If we left Bush and big business in charge, that's what the air in this country would look like.
Did you listen to the audio???

Yes. Did you? Nowhere in it did he say he's going to bankrupt the coal industry.
 

Sandhusker

Well-known member
fff said:
Your title is a lie. Obama does NOT say he'll bankrupt the coal industry. As usual you couldn't tell the truth if you wanted. :roll: He says he's going to cap emissions and, personally, I think that's a good thing. Did anyone watch the Olympics in China? Did you see their air quality? If we left Bush and big business in charge, that's what the air in this country would look like.

Obama, " 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."

Isn't Obama promising to use coal as part of his energy plan? How can you promise to promote the use of coal and at the same time set up a back-door tax that will "bankrupt them"?
 

jodywy

Well-known member
If he got a 100% cap in place the powder river basin could shut down for a week in January and when the power plants in the midwest ran out of coal and the temps were cold . things would get over tuned in days....
 

jodywy

Well-known member
We don’t want to use imported oil but we have a 600 USA year supply of Coal in Campbell Wyoming. So we tax the heck out of it so we can make imported oil cheaper to buy.
Taxing coal out of existence will shut down a lot of rail road jobs too. BN and the northern UP routes are just coal.
 
A

Anonymous

Guest
Again- taken out of context- and smear tactics....I got to wondering because this goes against his policy on his website- and what he discussed with our Governor about developing clean coal energy technology...

Republicans to Try Burning Obama on Coal
November 02, 2008 3:23 PM

“I’m calling on behalf of John McCain and the RNC to tell you that coal jobs, which are so important to our community are in jeopardy,” says the robocall being made to voters in Pennsylvania and Ohio, among other coal-producing states.

Continues the robocall: “Listen to Barack Obama's plans to bankrupt the coal industry.”

The call then plays this quote from Sen. Barack Obama, D-Ill.: "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.”

You can listen to the robocall HERE.

The quote comes from a January 2008 interview with the San Francisco Chronicle; the Obama campaign says the quote is being “wildly” taken out of context, that in the full interview Obama praises coal and says that the idea of eliminating coal is “an illusion.”

“The line they pulled out is in the context of cap and trade program,” says an Obama spokesperson. “The point Obama is making is that we need to transition from coal burning power plants built with old technology to plants built with advanced technologies -- and that is exactly the action that will be incentivized under a cap and trade program.”

Is it being taken unfairly out of context? You be the judge. Here’s the entirety of Obama’s remarks:

“I voted against the Clear Skies Bill. In fact, I was the deciding vote -- despite the fact that I’m a coal state and that half my state thought that I had thoroughly betrayed them. Because I think clean air is critical and global warming is critical.

“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. And how can we sequester that carbon and capture it. If we can’t, then we’re gonna still be working on alternatives.

“But ... let me sort of describe my overall policy. What I’ve said is that we would put a cap and trade policy in place that is as aggressive if not more aggressive than anyone out there. I was the first call for 100 percent auction on the cap and trade system. Which means that every unit of carbon or greenhouse gases that was emitted would be charged to the polluter. That will create a market in which whatever technologies are out there that are being presented, whatever power plants are being built, they would have to meet the rigors of that market and the ratcheted-down caps that are imposed every year.

“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 will also generate billions of dollars that we can invest in solar, wind, biodiesel, and other alternative energy approaches. The only thing that I’ve said with respect to coal -- I haven’t been some coal booster. What I have said is that for us to take coal off the table as an ideological matter, as opposed to saying if technology allows us to use coal in a clean way, we should pursue it, that I think is the right approach. The same with respect to nuclear. Right now, we don’t know how to store nuclear waste wisely and we don’t know how to deal with some of the safety issues that remain. And so it’s wildly expensive to pursue nuclear energy. But I tell you what, if we could figure out how to store it safely, then I think most of us would say that might be a pretty good deal.

“The point is, if we set rigorous standards for the allowable emissions, then we can allow the market to determine and technology and entrepreneurs to pursue, what the best approach is to take, as opposed to us saying at the outset, here are the winners that we’re picking and maybe we pick wrong and maybe we pick right.”
http://blogs.abcnews.com/politicalpunch/2008/11/republicans-to.html

Create Millions of New Green Jobs
• Ensure 10 percent of Our Electricity Comes from Renewable Sources by 2012, and 25 percent by 2025.
• Deploy the Cheapest, Cleanest, Fastest Energy Source – Energy Efficiency.
• Weatherize One Million Homes Annually.
Develop and Deploy Clean Coal Technology.
• Prioritize the Construction of the Alaska Natural Gas Pipeline.
http://my.barackobama.com/page/content/newenergy
 

jodywy

Well-known member
Oldtimer said:
Again- taken out of context- and smear tactics....I got to wondering because this goes against his policy on his website- and what he discussed with our Governor about developing clean coal energy technology...

Republicans to Try Burning Obama on Coal
November 02, 2008 3:23 PM

“I’m calling on behalf of John McCain and the RNC to tell you that coal jobs, which are so important to our community are in jeopardy,” says the robocall being made to voters in Pennsylvania and Ohio, among other coal-producing states.

Continues the robocall: “Listen to Barack Obama's plans to bankrupt the coal industry.”

The call then plays this quote from Sen. Barack Obama, D-Ill.: "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.”

You can listen to the robocall HERE.

The quote comes from a January 2008 interview with the San Francisco Chronicle; the Obama campaign says the quote is being “wildly” taken out of context, that in the full interview Obama praises coal and says that the idea of eliminating coal is “an illusion.”

“The line they pulled out is in the context of cap and trade program,” says an Obama spokesperson. “The point Obama is making is that we need to transition from coal burning power plants built with old technology to plants built with advanced technologies -- and that is exactly the action that will be incentivized under a cap and trade program.”

Is it being taken unfairly out of context? You be the judge. Here’s the entirety of Obama’s remarks:

“I voted against the Clear Skies Bill. In fact, I was the deciding vote -- despite the fact that I’m a coal state and that half my state thought that I had thoroughly betrayed them. Because I think clean air is critical and global warming is critical.

“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. And how can we sequester that carbon and capture it. If we can’t, then we’re gonna still be working on alternatives.

“But ... let me sort of describe my overall policy. What I’ve said is that we would put a cap and trade policy in place that is as aggressive if not more aggressive than anyone out there. I was the first call for 100 percent auction on the cap and trade system. Which means that every unit of carbon or greenhouse gases that was emitted would be charged to the polluter. That will create a market in which whatever technologies are out there that are being presented, whatever power plants are being built, they would have to meet the rigors of that market and the ratcheted-down caps that are imposed every year.

“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 will also generate billions of dollars that we can invest in solar, wind, biodiesel, and other alternative energy approaches. The only thing that I’ve said with respect to coal -- I haven’t been some coal booster. What I have said is that for us to take coal off the table as an ideological matter, as opposed to saying if technology allows us to use coal in a clean way, we should pursue it, that I think is the right approach. The same with respect to nuclear. Right now, we don’t know how to store nuclear waste wisely and we don’t know how to deal with some of the safety issues that remain. And so it’s wildly expensive to pursue nuclear energy. But I tell you what, if we could figure out how to store it safely, then I think most of us would say that might be a pretty good deal.

“The point is, if we set rigorous standards for the allowable emissions, then we can allow the market to determine and technology and entrepreneurs to pursue, what the best approach is to take, as opposed to us saying at the outset, here are the winners that we’re picking and maybe we pick wrong and maybe we pick right.”
http://blogs.abcnews.com/politicalpunch/2008/11/republicans-to.html

Create Millions of New Green Jobs
• Ensure 10 percent of Our Electricity Comes from Renewable Sources by 2012, and 25 percent by 2025.
• Deploy the Cheapest, Cleanest, Fastest Energy Source – Energy Efficiency.
• Weatherize One Million Homes Annually.
Develop and Deploy Clean Coal Technology.
• Prioritize the Construction of the Alaska Natural Gas Pipeline.
http://my.barackobama.com/page/content/newenergy
he changed his spots on guns too
 

Sandhusker

Well-known member
Obama is talking out of both sides of his mouth AGAIN. Taken out of context, my arse. We can all listen to the damn interview - we don't have to read a damage-control spin job from the DNC. When he talks about cap and trade, he's talking about carbon credits. He's going to make coal plants buy carbon credits to offset their carbon emissions. He knows this will be expensive, thus his comment about them going bankrupt.

The spin masters say this is an incentive to build plants with new technology, but Obama said, "So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them." We're supposed to believe that if somebody builds a new coal-powered plant, there is a possibility that they would build it with outdated technology? Puleeeeze. This guy got caught playing both sides again. Yep, he ought to be President...... :roll:
 

Larrry

Well-known member
I see some blue states turning red since the true obblablah is coming out


The Wall Street Journal reported:


Republican vice-presidential candidate Sarah Palin unleashed a new volley against Barack Obama on a four-city tour of Ohio on Sunday by touting newly released audio comments made by the Democratic presidential candidate promising to restrict the construction of new coal-fired power plants in the U.S.

The issue is particularly sensitive in coal-rich Ohio, West Virginia, and Colorado. Obama made the comments to the San Francisco Chronicle in January, which were posted on YouTube over the weekend.

Obama said that under his proposal to cap greenhouse gases, energy suppliers would get incentives to develop technologies to reduce pollution and to use cleaner sources of power. “So if somebody wants to build a coal-powered plant, they can,” Obama said. “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.”

Palin told supporters to listen to the audiotape. “You’re going to hear Sen. Obama talk about bankrupting the coal industry,” she said. The Alaska governor also pointed to comments that Democratic vice-presidential candidate Joe Biden made to an environmental activist, promising no more coal-fired power plants in America. Biden was videotaped, likely without his knowledge.

“In an Obama-Biden administration, there would be no use for coal at all, from Wyoming to Colorado, to West Virginia and Ohio,” Palin said.

The Obama campaign scrambled after Biden made his comments in September, clarifying that Obama remained committed to exploring the as-yet-undeveloped clean-coal technology in order to produce cleaner-burning coal-fired power plants.
 

CattleArmy

Well-known member
It would be interesting to see how accurate this information is because with unions supporting him for the most part and UP and BN both have unions why would they support him if he was a threat to their industry?
 

jodywy

Well-known member
CattleArmy said:
It would be interesting to see how accurate this information is because with unions supporting him for the most part and UP and BN both have unions why would they support him if he was a threat to their industry?
listen to the audio... it Obama talking
 

loomixguy

Well-known member
CattleArmy said:
It would be interesting to see how accurate this information is because with unions supporting him for the most part and UP and BN both have unions why would they support him if he was a threat to their industry?

There is a BIG difference between union rank and file and the hierarchy of the union LEADERS.

Folks who actually WORK for a living seldom have the same outlook as a feller who wears a coat and tie from 9-5.
 

Faster horses

Well-known member
I'm glad you guys/gals are on top of this. I have been gone and just
heard about it on Bill Cunningham Talk Radio this evening.

It is so unbelievable that some people are still finding EXCUSES for
what he says. WAKE UP, PEOPLE!!!!!!!!!!!!!!
 
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