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Re: Obama claims he will bankbrupt Coal Industry.
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There actually is a LOT of logic behind the cap-and-trade method of controlling emissions. It isn't a lot different from the auction of the radio-frequency spectrum. When there is a limited resource, an auction is the free-market way of allocating that resource. Do you not believe in the free market? |
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Re: Obama claims he will bankbrupt Coal Industry.
That may well be, but OP is using the not existing future of the coal mining industry as a rally cry against Obama. Modern industrial countries are all moving away from it and reconverting their industry into something of the 21st century.
Moreover, if Obama is at the same time pushing for the cap system then his support for coal as fuel seems indeed a joke. While the whole cap system on itself is a joke ... But keeping the coal burning for the sake of the coal miner unions' votes is bad for the US.
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Exposing the dark side. |
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Re: Obama claims he will bankbrupt Coal Industry.
Btw, he supports coal when indeed it would become clean. Now clean coal is a mirage, and he just telling the truth that it's no longer feasible. If voters want to punish a candidate for making sense, let them do so, at their own demise.
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Exposing the dark side. |
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Re: Obama claims he will bankbrupt Coal Industry.
Actually, BHO is a big supporter of the coal industry; rather the coal industry is a big supporter of BHO. He advocates huge subsidies for liquified coal. And, conveniently enough for his past, Illinois would greatly benefit from that. Earlier this year, he co-sponsored legislation that would give billions of federal dollars in subsidies to liquified coal. Now, he has realized that doesn't wash too well with those concerned about carbon emissions. So, where exactly does he stand on this now? I find it hard to tell, and by your posts, it seems you can't tell either. We're both in the dark on this one. I suppose he thinks no one will notice.
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Re: Obama claims he will bankbrupt Coal Industry.
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Barack Obama and Joe Biden: The Change We Need | New Energy for America JohnMcCain.com - McCain-Palin 2008 Both programs are basically copies on energy. Also McCAin supports 'clean' coal. Sadly, I don't see any mention of nuclear energy and research into fusion technology.
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Exposing the dark side. |
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Re: Obama claims he will bankbrupt Coal Industry.
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Exposing the dark side. |
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Re: Obama claims he will bankbrupt Coal Industry.
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Re: Obama claims he will bankbrupt Coal Industry.
That's another discussion. I don't really believe in them either, but right now, they give a sense of value to the carbon pollution. Anyhow, both candidates support the cap 'n trade system. So no use in picking either candidate about it.
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Exposing the dark side. |
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Re: Obama claims he will bankbrupt Coal Industry.
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Extra: CO2 sequestration - Wikipedia, the free encyclopedia
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Exposing the dark side. Last edited by Ainoow; 11-02-2008 at 04:30 PM. |
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Re: Obama claims he will bankbrupt Coal Industry.
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And, is clean coal still "bullshit" or is it now great stuff now that you were told BHO supports it? |
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Re: Obama claims he will bankbrupt Coal Industry.
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I will also repeat myself on Obama's opinion that right now, the cap 'n trade system would render the technology not economically viable (as indeed it would probably produce more CO2 units than it would capture. But, and I will re listen the fragment, Obama says "if technology allows us to use coal in a clean way, we should pursue it".
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Exposing the dark side. |
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Re: Obama claims he will bankbrupt Coal Industry.
The topic is Obama. I have no problem picking on both, however. Simply because the majority is in favor, doesnt make it right.
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"To take from one, because it is thought his own industry and that of his father has acquired too much, in order to spare to others who (or whose fathers) have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, "to guarantee to everyone a free exercise of his industry and the fruits acquired by it." -Thomas Jefferson |
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Re: Obama claims he will bankbrupt Coal Industry.
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The caps 'n trade system will only help in giving carbon emissions a sense of value. It's a first step which will lead, as Obama predicted, to the demise of primitive energy industries and favor the development of clean technologies.
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Exposing the dark side. |
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