Obama Wants Cap And Trade System So Aggressive It Would Bankrupt Coal Powerplants
“If someone wants to build a coal power plant they can, it’s just that it will bankrupt them.”
Shouldn’t markets dictate which types of power plants go out of business and which flourish? Is it really a good idea to have politicians putting into place policies that punish certain types of businesses just for existing?
I know coal isn’t really an eco-friendly power source, but it’s a cheap and readily available power source that already powers millions of homes and businesses in this country. If Obama runs coal power out of business, what happens to all that cheap and plentiful energy? It goes away, forcing Americans to more expensive alternatives and leaving tens of thousands of coal and power plant workers out of jobs.
All so that Barack Obama can claim that he’s saving the planet.
By the way, do you know what ideology has government not owning the means of production but regulating them to the point that certain favored businesses flourish and certain disfavored businesses die? Fascism. I’m not kidding. Fascism was Mussolini’s “third way” between communism and capitalism.
