Obama in ’08: “Under my plan … electricity rates would necessarily skyrocket”
Back in 2008, Obama suggested that it would be necessary to bankrupt the coal industry in his efforts to establish “green” energy alternatives—he wanted to “take coal off the table as an ideological matter.”
Here’s the clip:
The Daily Caller has a partial transcript of the above interview:
In 2008, Obama said his energy policies would “bankrupt” anyone who wants to build a coal plant.
“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,” Obama said during a 2008 interview with the San Francisco Chronicle’s editorial board.
“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad,” Obama said in 2008. “Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, they would have to, uh, retrofit their operations. That will cost money. They will pass that money on to consumers.”
Apparently intent on keeping at least one campaign promise, Obama announced in August sweeping plans to “reduce greenhouse gas emissions from the nation’s power plants” via a cap and trade-type plan along with increased standards and regulations aimed at the coal industry.
According to The Hill, twenty-four states and Murray Energy filed suit yesterday to challenge these onerous rules.
The litigants accuse the Environmental Protection Agency (EPA) of going far beyond the authority Congress granted to it by ordering a significant transformation of states’ electricity generation, moving away from fossil fuels like coal and toward lower-carbon sources like wind and solar power.
They are asking the Court of Appeals for the District of Columbia Circuit to overturn the rule. They also want the court to immediately stop its implementation while it works its way through the courts.
West Virginia Attorney General Patrick Morrisey (R), who is leading the legal fight against the plan, called it “the single most onerous and illegal regulations that we’ve seen coming out of D.C. in a long time.”
On a call with reporters, Morrisey repeated many of the long-held arguments against the rule: that it will hurt his state’s coal mining industry, raise power rates for consumers and risk electricity reliability.
“EPA’s rule is flatly illegal and one of the most aggressive executive branch power grabs we’ve seen in a long time,” he said. “The EPA cannot do what it intends to do legally.”
. . . . The states joining West Virginia are Texas, Alabama, Arkansas, Colorado, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Michigan, Missouri, Montana, Nebraska, New Jersey, Ohio, South Carolina, South Dakota, Utah, Wisconsin, Wyoming, Arizona and North Carolina.
And the action against Obama’s “Clean Power Plan” won’t stop there. Apparently, yesterday also marked the first day that Congress can move to overturn regulations under the Congressional Review Act.
In a separate article, The Hill reports:
Lawmakers are mobilizing quickly against the new climate change rule from President Obama, announcing they will file formal congressional challenges on Monday.
Senate Majority Leader Mitch McConnell (R-Ky.) on Friday said he and Sen. Joe Manchin (D-W.Va.) will introduce a Congressional Review Act (CRA) resolution to block the Environmental Protection Agency (EPA) pollution standards for new power plants.
Sens. Shelley Moore Capito (R-W.Va.) and Heidi Heitkamp (D-N.D.) will introduce a resolution opposing the EPA’s existing power plant rule at the same time. McConnell’s office said he will schedule a vote on the resolutions shortly afterward.
“I have vowed to do all I can to fight back against this administration on behalf of the thousands of Kentucky coal miners and their families, and this CRA is another tool in that battle,” McConnell said in a statement.
“The CRAs that we will file will allow Congress the ability to fight these anti-coal regulations.”
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