"Under My Plan...Electricity Rates Would Necessarily Skyrocket"

The above headline comes from an interview back in January (you can hear the audio here), in which Obama said:

The problem is not technical, uh, and the problem is not mastery of the legislative intricacies of Washington. The problem is, uh, can you get the American people to say, “This is really important,” and force their representatives to do the right thing? That requires mobilizing a citizenry. That requires them understanding what is at stake. Uh, and climate change is a great example.

You know, when I was asked earlier about the issue of coal, uh, you know — Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.

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Earlier in that same interview, Obama told the San Francisco Chronicle that “If somebody wants to build a coal-powered plant, they can–it’s just that it will bankrupt them.”:

Add that to previous utterances from the left on coal:

And of course, Obama’s no big fan of cheap gasoline, either:

And the person who popularized “drill baby, drill?” Mama said knock you out.

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