Obama on bankrupting coal plants: The video

Hot Air has a four minute video of Barack Obama's discussing putting coal plants in bankruptcy.



Ed Morrissey analyzes:

This still consists of Obama sending "price signals" that discourage the use of coal. He does say that getting rid of coal altogether is an illusion, but he's obviously opposed to expanding its use or even keeping it at current levels. He wants to heavily fine coal operators in order to get "billions" for R&D on alternatives, which will send the coal industry reeling and energy prices skyrocketing, as Obama himself pledges later in the same interview.

America has plenty of coal, we have at least a couple of hundred of years supply of it. John McCain wants more coal to mined in America--cleaner coal, but more coal. As I noted in my previous post, Obama--when he wants to--talks a good game about coal, but his promises on coal are empty. Those Burlington Northern coal cars on the right are filled with black gold nuggets.

Will there be fewer such trains in four years? What will we be paying for energy in 2012?

Election Day is tomorrow.

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