The American Spectator

home
ADVERTISEMENT
Print Email
Text Size

The Spectacle Blog

Remember President Obama vowing, in his “shellacking” post-mid-term press conference, that there are ‘other ways to skin that cat’ now that cap-n-trade not only was rejected but led to electoral malaise?

My CEI colleague Marlo Lewis makes an important note in a blog post today. Specifically, last night Obama asked Congress to mandate that 80% of U.S. electricity come from ‘clean energy’ by 2035. Amazingly enough, the Energy Information Administration (EIA) projected that under the House-passed Waxman-Markey cap-n-trade bill, about 80% of our electricity would come from ‘clean’ sources by 2030.

And you remember the effect that Obama said was his goal of that scheme? Something about making ‘electricity rates necessarily skyrocket’. See Marlo’s post for the unsavory details.

View all comments (5) |

Pete| 1.26.11 @ 5:57PM

Because above market energy prices and the highest business tax rate in the world screams global competitiveness.

Bob K.| 1.26.11 @ 6:48PM

And I recall his statement that it would force the Coal Industry into Bankruptcy!

Nite| 1.26.11 @ 9:25PM

It would not only force businesses into bankruptcy, but individuals as well. This would finish off this country.

Stan Redmond| 1.27.11 @ 10:55AM

Hmm. Sounds like it was almost planned doesn't it?

cali| 1.28.11 @ 4:57AM

Obamas obsession with 'green technology' will cause blackouts, like Europe is facing now.

More Blog Posts by Chris Horner

http://spectator.org/blog/2011/01/26/cap-n-trade-by-any-other-name

ADVERTISEMENT

SPONSORED LINKS

FLASHBACK TO: 1995

Clip of the Day

Most Popular Articles

The IRS Immigration Fraud Scandal

Jeffrey Lord | 6.18.13

Obama's Climate of Intimidation

Matthew Sheffield | 6.18.13

Obama's Unaffordable Act

Peter Ferrara | 6.19.13

Whither Suburbia?

Steven Greenhut | 6.18.13

Barack's Brave New World Blarney

George Neumayr | 6.19.13

The Biggest Fool of All

Doug Bandow | 6.17.13

There's Something About Cambridge

Daniel J. Flynn | 6.19.13

The Loss of Trust

Thomas Sowell | 6.18.13

ADVERTISEMENT