Coal Officials React to Obama on Energy

Obama’s admitted desire to bankrupt the builders of new coal plants is (surprisingly) drawing some negative reactions from those organizations representing those who make their livelihood in the coal business.  The leader of the Ohio Coal Association, whose affiliated PAC has given to both Republicans and Democrats, says that these remarks “spell disaster” for America’s coal industry and accuses Obama of duplicity:

“the message from the Democratic candidate for President could not be clearer: the Obama-Biden ticket spells disaster for America’s coal industry and the tens of thousands of Americans who work in it.

“These undisputed, audio-taped remarks, which include comments from Senator Obama like ‘I haven’t been some coal booster’ and ‘if they want to build [coal plants], they can, but it will bankrupt them’ are extraordinarily misguided.

“It’s evident that this campaign has been pandering in states like Ohio, Virginia, West Virginia, Indiana and Pennsylvania to attempt to generate votes from coal supporters, while keeping his true agenda hidden from the state’s voters.

“Senator Obama has revealed himself to be nothing more than a short- sighted, inexperienced politician willing to say anything to get a vote. But today, the nation’s coal industry and those who support it have a better understanding of his true mission, to ‘bankrupt’ our industry, put tens of thousands out of work and cause unprecedented increases in electricity prices.

“In addition to providing an affordable, reliable source of low-cost electricity, domestic coal holds the key to our nation’s long-term energy security – a goal that cannot be overlooked during this time of international instability and economic uncertainty.

“Few policy areas are more important to our economic future than energy issues. As voters head to the polls tomorrow, it is essential they remember that access to reliable, affordable, domestic energy supplies is essential to economic growth and stability.”

A top official of the West Virginia Coal Association also calls these comments “unbelievable.”

Kat-Mo has some pretty grim theorizing about the kind of energy dynamic a President Obama and far-left Congress could initiate: government-created scarcities in turn demanding more government intervention and redistribution of income in order to cope with these scarcities.

Remember: this isn’t only about coal (though that issue can play well in some swing states).  These energy-policy issues will affect everyone in every industry.  Obama wants energy prices to “skyrocket” for everyone.  These energy taxes could be a significant burden on all kinds of domestic manufacturers and could place them at a further disadvantage compared to manufacturers in India and China, who would not have to pay these “skyrocketing” energy costs.  A far-left-written cap-and-trade policy could easily become a vehicle for a massive expansion of the power of the federal government to intervene in the economy.  It could also be an invitation to corruption, in which certain favored players get subsidies and free/discounted carbon permits.

You don’t have to give the radical left a blank checkIt’s not over yet.

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