Obama’s ‘Affordable Energy’ policy will drive up energy costs and hurt the economy

April 19, 2010 05:50


Modern environmentalism of the sort reflected in Obama’s rhetoric and policies is staunchly anti-energy. It seeks to use the state to create scarcity as a means of imposing the environmentalists’ will on your lives.

by  Christopher C. Horner at Human Events


Undermining access to abundant conventional energy sources has proved to be a key component of Barack Obama’s promised “fundamental transformation” of America. To be fair, he was uniquely candid when vowing that “under my plan of a cap-and-trade system electricity rates would necessarily skyrocket.” This interview received limited coverage despite also revealing plans to “bankrupt” politically disfavored industry while also raising “billions of dollars.”

Now, as the Senate prepares to debate the latest mislabeled “comprehensive energy legislation,” and amid the unfolding revolt over the realities of this fundamental transformation, such radical propositions warrant revisiting.

Modern environmentalism of the sort reflected in Obama’s rhetoric and policies is staunchly anti-energy. It seeks to use the state to create scarcity as a means of imposing the environmentalists’ will on your lives. Congress, smarting from the 1993 “BTU” tax debacle that even Al Gore says led to Democrats losing control of Congress, is reluctant to vote on transparent energy tax hikes. So the desired scarcity is created instead by the opaque “cap-and-trade”.

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