Obama on cap and trade: 'electricity rates would necessarily skyrocket'

"Under my plan of a cap and trade system, electricity rates would necessarily skyrocket." -- Barack Obama, January 17, 2008, San Francisco Chronicle

Watch Obama say that under his cap and trade plan electricity rates will skyrocket:

During the same interview Obama also admitted that his cap and trade plan would bankrupt anyone who builds a coal-powered plant.  

Obama was honest about cap and trade during the campaign.

   

Comments

[Peter Partnersuche]

But there are advantages also linked to that plan. Obama wouldn´t do something that is bad for the american public. There has to be a revolution in electricity procedures.