Obama Tells San Francisco He Will Intentionally Bankrupt The Coal Industry!!!

[Excaliber]

The biggest problem to finding alternatives is the relatively cheap cost of energy. Well it aint cheap in Hawaii and that has spurred a LOT of investigation. Again on Kaui, Wilcox Hospital, I was involved in putting in a co-generation plant. The local electric company fought that project tooth and nail because they were going to, and did, loose a huge client for electrical useage.

You can bet the coal industry will fight just as hard to maintain the status quo. But alternatives ARE coming like a freight train roaring down a mountain, and it won't be stopped.

[turnpike boy]

And WHEN they get here, deliverable and useable and economical, they will supplant coal. And oil. And will do so without fights, or imperious mandates.

Hell, we all want oil and coal to be relegated to the dinosaurs they are. But until there is a real (REAL?) choice, standing with hands on hips and barking out ominous empty threats does not inspire confidence or demonstrate admirable quality.



-Roger

[clayfoushee]

Right, Roger. On that point, both candidates would agree that it is a long-term process. That Obama video edited to scare people wasn't talking about next year or at any point during the next 8 years he could possibly serve.

However, sometimes you have to light a fire under an industry's ass to get them to move. On that, I would presume Obama would be more likely to try to light the fire, but it would also take Congress to act.