Let's Bankrupt Industries Going "Green"

Austin Hill

Townhall - by Austin Hill - Responding to these questions, a fatigued and hoarse-voiced Senator Obama stated, in part:  “Let me describe my overall policy. What I’ve said is that we would put a cap and trade system in to 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 gasses that is emitted would be charged to the polluter. That will create a market in which whatever technologies 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 proposed every year. So if somebody wants to build a coal power plant, they can, it’s just that it will bankrupt them because they’re gonna be charged a huge sum for all that greenhouse gas that’s being emitted…” Read full column here:

Let's Bankrupt Industries Going "Green"