YOUR SCARY-ASS CHART OF THE DAY: Europe’s Ridiculously High Industrial Electricity Prices.

Flashback: “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,” Steven Chu to the Wall Street Journal, shortly before becoming Obama’s first “Energy” Secretary. And as Candidate Obama himself promised the San Francisco Chronicle in January of 2008, as though it was a feature, “Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket… “So if somebody wants to build a coal-powered plant, they can. It’s just that it will bankrupt them.”

(Via SDA.)