Obama Will Bankrupt the Coal Industry

#26
#26
AgentOrange007 said:
Why anyone would be surprised by this is beyond me. Of course, there is no way Obama, or anyone else for that matter, could bankrupt a coal plant by imposing a cap-and-trade tax. Those companies will simply adjust the cost consumers pay for their product to compensate for the increased cost of production. All it's going to do is make it more costly for us to keep the lights on at our houses. Add to that the higher taxes he has promised and you've got yourself one great sounding economic policy.
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joevol320 said:
the coal companies will pass the tax on to us. when will you libs understand that companais pass all taxes and expenses on to us. we get over 50% of power from coal and if he taxes the coal companies, our bills will sky rocket. this is really scary.
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I think that it is perfectly well understood that these companies will pass on their increased operating cost due to the cap and trade if they plan to burn a high-CO2-producing fuel (assuming the cap and trade goes in place). That is understood among thinking (and not-so-thinking) individuals on both sides of the aisle. The point is then that there is price-pressure on these companies to find a cheaper product...or competitors who start to invest more and switch to less-carbon-intensive fuels will sell a cheaper product.

While it is only economic theory and one can throw stones at it, I think that bankruptcy point is that companies who only build coal plants and are only coal power companies will go bankrupt - because no one would want to buy their over-priced product. In reality, the transition will be much slower than that...and higher prices will probably be passed to the consumer before less-carbon-intensive energy sources are in the market. And...I'm sure that these new energy sources will never be as non-regulated coal would be.

It is scary when you move to a new paradigm such as is being suggested. I'm sure that it is particularly scary for those of you who see no reason whatsoever for doing it. It is an uncomfortable alternative to an even more troubling situation for those who do think CO2 emissions will have detrimental effects on the global environment.
 
#27
#27
therealUT said:
Let's take a look at worst case scenarios and think long and hard about how BHO would respond (in no particular order):

China invades Taiwan

North Korea invades South Korea

The feud between Pakistan and India escalates into outright war

Russia makes good on their 100% guarantee to invade Poland

Iran launches attack against Israel
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realUT's favorite board game growing up was RISK.
 
#30
#30
Sorry to dig this thread back up, but I read this article this morning and thought of this thread. This is actually a pretty significant finding. This approach will still increase the cost of coal power, but it will make coal much more competitive under CO2 restriction policies than it would be otherwise.

MITEI | MIT proposes near-term approach to make coal plants more climate-friendly

You'll have to forgive Ashleigh, though, she wears the wrong color of orange (Ok. St. Cowboys fan). She presented these results in Washington yesterday, and it was apparently well-received.
 
#32
#32
KYVolFan said:
You and I certainly agree about Peanut Farmer from Americus... I fear that this one may even be worse.
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Based on what exactly??????

The uninformed have select seats on the Fear Talk Express......are you the conductor???
 
#33
#33
truefan said:
Based on what exactly??????

The uninformed have select seats on the Fear Talk Express......are you the conductor???
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there's also a section for the willfully blinded, are you the cabin steward?
 
#36
#36
truefan said:
:lolabove:

No pal, I keep informed and don't live my live based on fear and hate.
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Informed ? Given your subtle and pious revelation, a question comes to mind; what is the source of your information?
It may be a temporal shock to your self promoted arrogance but others who populate the VolNation also know how to read. However, at least some of us don't choose to be socialistically encapsulated by rags like the New York Times, The Daily Worker or Chairman Mao's Little Red Book.
 
#37
#37
KYVolFan said:
Informed ? Given your subtle and pious revelation, a question comes to mind; what is the source of your information?
It may be a temporal shock to your self promoted arrogance but others who populate the VolNation also know how to read. However, at least some of us don't choose to be socialistically encapsulated by rags like the New York Times, The Daily Worker or Chairman Mao's Little Red Book.
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Much in the same way others of us aren't attached to Rush Limbaugh, Michael Savage, and Fox News? Not to mention that two of the things you've listed lean more towards communism than socialism. The New York Times falls under neither.
 
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#38
#38
KYVolFan said:
Informed ? Given your subtle and pious revelation, a question comes to mind; what is the source of your information?
It may be a temporal shock to your self promoted arrogance but others who populate the VolNation also know how to read. However, at least some of us don't choose to be socialistically encapsulated by rags like the New York Times, The Daily Worker or Chairman Mao's Little Red Book.
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:lolabove:

truefan is such a sheep.
 
#39
#39
TreeGreen said:
Much in the same way others of us aren't attached to Rush Limbaugh, Michael Savage, and Fox News? Not to mention that two of the things you've listed lean more towards communism than socialism. The New York Times falls under neither.
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is there a special socialist category under which the NYT falls? or are you trying to pretend the NYT is somehow objective?
 
#40
#40
TreeGreen said:
Much in the same way others of us aren't attached to Rush Limbaugh, Michael Savage, and Fox News? Not to mention that two of the things you've listed lean more towards communism than socialism. The New York Times falls under neither.
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Oh my, oh my! I don't know where your intelligence gleanings come from but I do know, they surely must be grossly to the left. By the way, wonderboy, I probably listen to Limbaugh once a month, and to my knowledge I have never watched or listened to Savage.. In acknowlegement of your estute perception, I do find Fox News to be the only reputable news source on television.

The difference between Socialist and Communist is just that one limber-lipped wacko leans a little more to the left than the other bleary-eyed wacko. Historically, both of these ultra-radical forms of government thrive by destroying; productivity, personal motivation, personal pride, personal responsibility, personal liberties, personal religious belief, property ownership, individualism, etc, etc. Those encroachments aren't conservative fears, my dear boy, those are documented in the histories of socialism and communism.

I don't want Big Brother monkeying in my life any more that it already does but apparently you want
those friendly Goverment Agents climbing in your bed and counting the change in your pocket.
 
#41
#41
KYVolFan said:
Oh my, oh my! I don't know where your intelligence gleanings come from but I do know, they surely must be grossly to the left. By the way, wonderboy, I probably listen to Limbaugh once a month, and to my knowledge I have never watched or listened to Savage.. In acknowlegement of your estute perception, I do find Fox News to be the only reputable news source on television.
The difference between Socialist and Communist is just that one limber-lipped wacko leans a little more to the left than the other bleary-eyed wacko. Historically, both of these ultra-radical forms of government thrive by destroying; productivity, personal motivation, personal pride, personal responsibility, personal liberties, personal religious belief, property ownership, individualism, etc, etc. Those encroachments aren't conservative fears, my dear boy, those are documented in the histories of socialism and communism.

I don't want Big Brother monkeying in my life any more that it already does but apparently you want
those friendly Goverment Agents climbing in your bed and counting the change in your pocket.
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Joke of the day?????

I very rarely read the NYT. I choose to watch all the news services rather than just focus on one and then try to form my opinion based on ALL sources of information...with the exception of those preaching fear and hate.

Obama is going to govern from the center. The far left are already starting to get outraged over his cabinet choices.

Making predictions of failure and discontent are pathetic and have become a daily occurrence of the right. And it is so funny coming from those who claim to love America but clearly hate Americans.

Fear, hate and jealousy will divide our nation even worse....please, for the sake of this country, get over it
 
#42
#42
truefan said:
And it is so funny coming from those who claim to love America but clearly hate Americans.

Fear, hate and jealousy will divide our nation even worse....please, for the sake of this country, get over it
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how do these two pieces come from the same author?
 
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#43
#43
KYVolFan said:
Oh my, oh my! I don't know where your intelligence gleanings come from but I do know, they surely must be grossly to the left. By the way, wonderboy, I probably listen to Limbaugh once a month, and to my knowledge I have never watched or listened to Savage.. In acknowlegement of your estute perception, I do find Fox News to be the only reputable news source on television.

The difference between Socialist and Communist is just that one limber-lipped wacko leans a little more to the left than the other bleary-eyed wacko. Historically, both of these ultra-radical forms of government thrive by destroying; productivity, personal motivation, personal pride, personal responsibility, personal liberties, personal religious belief, property ownership, individualism, etc, etc. Those encroachments aren't conservative fears, my dear boy, those are documented in the histories of socialism and communism.

I don't want Big Brother monkeying in my life any more that it already does but apparently you want
those friendly Goverment Agents climbing in your bed and counting the change in your pocket.
Click to expand...

All I did was point out the absurdity of generalization by spitting out a similar argument, which in an ironic twist of fate you attack me for. Also, socialism does not exist. Go ahead and point out a socialist society to me where everyone has some say in how the economy works as opposed to the communist view where fewer and fewer people have say in how the economy works. If anything, communism kills that stereotypical list of yours. So if you fear communism I don't blame you. I can see how you would confuse the two though since Lenin egregiously used the term to pretend like he was promoting socialist ideals.
 
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