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Old November 2nd, 2008, 05:29 PM   #1
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Default Obama Tells SF Chronicle He Will Bankrupt Coal Industry

I hope nobody was counting on coal for their livelyhood.

link
Let me sort of describe my overall policy.
What I've said is that we would put a cap and trade system in 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 gases emitted would be charged to the polluter. That will create a market in which whatever technologies are out there 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 being placed, imposed every year.
So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted.
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Old November 2nd, 2008, 05:45 PM   #2
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Yawn

I love biased conservative blogs. They are so reliable.

You do know that anyone can be a blogger right? All you have to do is get a website from godaddy and write some crap in it.
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Old November 2nd, 2008, 05:59 PM   #3
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YouTube Video
ERROR: If you can see this, then YouTube is down or you don't have Flash installed.


that sounds like his voice
His policy
Hmmm, maybe your right.

YouTube Video
ERROR: If you can see this, then YouTube is down or you don't have Flash installed.
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Old November 2nd, 2008, 06:08 PM   #4
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Ya, clean coal. That's where they extract by blowing off the tops of mountains, letting the arsenic and other poison runoff directly into the water table, creeks. I guess if you live nextdoor, what's another expense like bottled water?
With cheney's "secret" energy policy, things can just go on forever the same and we can keep subsidizing Exxon with their record profits to boot.
The dimness is astounding
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Old November 2nd, 2008, 06:18 PM   #5
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Have you ever seen reclamation by the mining industry? In person?

Earth first.
We'll mine, drill and log the other planets later.
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Old November 2nd, 2008, 06:38 PM   #6
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Have you ever seen reclamation by the mining industry? In person?

Earth first.
We'll mine, drill and log the other planets later.
yeh hunted on one this weekend all those pollutants he speaks of act as a natural salt lick that deer and other animals love. and creates perfect soil for some grasses and pines
don't worry xxxj iv decided that these people don't understand what happens in nature and have only saw the effects of human encroachment short term never long term and don't realize that all the epa regulations today make the reclamation process even quicker
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Old November 2nd, 2008, 06:45 PM   #7
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Ya, clean coal. That's where they extract by blowing off the tops of mountains, letting the arsenic and other poison runoff directly into the water table, creeks. I guess if you live nextdoor, what's another expense like bottled water?
With cheney's "secret" energy policy, things can just go on forever the same and we can keep subsidizing Exxon with their record profits to boot.
The dimness is astounding
yes because soon it will be against the law to be a profitable company. jesus christ. do the fucking math. speculators and global expansion drives up the cost of oil per barrel. exxon and other companies have a certain percentage of mark up to cover their vast costs.

let's say their needed mark up is 30%.
30% of a $60 barrel is less than 30% of a $145 barrel. sure the media reports these high profits. but their percentage of markup has not changed. the speculators are the ones increasing their profits.

how people are soo stupid to continue supporting obama's already failed policy is beyond me.
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Old November 2nd, 2008, 07:29 PM   #8
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My dad had a saying, "if you complain about farmers, don't do it with your mouth full".

I'm not sure if it fits, but in some wierd way it reminded me.
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Old November 2nd, 2008, 07:34 PM   #9
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Nimby, ok
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Old November 2nd, 2008, 07:46 PM   #10
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speculators and global expansion drives up the cost of oil per barrel. exxon and other companies have a certain percentage of mark up to cover their vast costs.

let's say their needed mark up is 30%.
30% of a $60 barrel is less than 30% of a $145 barrel. sure the media reports these high profits. but their percentage of markup has not changed. the speculators are the ones increasing their profits.
This is 100% correct. we cant blame the oil companies for record profits I agree. It WOULD be interesting to know who was speculating though.....
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Old November 2nd, 2008, 09:48 PM   #11
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Originally Posted by upchuck View Post
Ya, clean coal. That's where they extract by blowing off the tops of mountains, letting the arsenic and other poison runoff directly into the water table, creeks. I guess if you live nextdoor, what's another expense like bottled water?
With cheney's "secret" energy policy, things can just go on forever the same and we can keep subsidizing Exxon with their record profits to boot.
The dimness is astounding
Put your tinfoil hat back on lib and calm the fukc down! As long as you're running your computer, lights, fridge etc. on electricity shut the fukc up or get off the grid so we don't have to listen your hippie ass shit.
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Old November 2nd, 2008, 10:04 PM   #12
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Put your tinfoil hat back on lib and calm the fukc down! As long as you're running your computer, lights, fridge etc. on electricity shut the fukc up or get off the grid so we don't have to listen your hippie ass shit.
Get 'em
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Old November 3rd, 2008, 07:46 AM   #13
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Nimby, ok
No problem. I hope you plan to disconnect your electric service.
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Old November 3rd, 2008, 09:02 AM   #14
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Quote:
Originally Posted by upchuck View Post
Ya, clean coal. That's where they extract by blowing off the tops of mountains, letting the arsenic and other poison runoff directly into the water table, creeks. I guess if you live nextdoor, what's another expense like bottled water?
With cheney's "secret" energy policy, things can just go on forever the same and we can keep subsidizing Exxon with their record profits to boot.
The dimness is astounding

my brother is a sub contractor for shell oil. the common perception is that they are run by a bunch of hick/dumb Bush Cronies sitting back collecting their huge oil checks.

The reality is that the oil companies typically plan literally GENERATIONS in advance. They plan and invest for the long haul, based on EXTREMELY conservative business models, and with profit margins (I'll take a leap of faith that you understand what a margin is) that is not sustainable in the types of businesses we are more accustomed to thinking of.

Had the government been involved, they would have planned oil exploration based on $150/barrel retail prices, established tax forecasts and budgets on that threshold, and then simply raise taxes even more or sold bonds to make up for the shortages they'd be seeing now that oil is hovering around $60/barrel...

People love to talk about windfall profits, and such bullshit and want to tax the ever living shit out of oil. It would be a much more practical matter to incentivize alternatives than to penalize existing stable sources of energy given the current state of our economy.

tax oil more? simple solution, throttle back production/refinery until gas prices rise enough to push the target profit margin back to a sustainable level... question for you though, who pays those taxes ultimately?


















the consumer. corporations don't just donate taxes, they have to build them into their cost of goods sold... meaning higher taxes on oil = even higher prices at the pumps...
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