Massive Coal tax: Not only is it bad economics, but I am not sure how Pennsylvania, Ohio, and West Virginia can consider voting for Obama
I have written previously about global warming, but these new taxes were not made clear during the presidential campaign and part of that is the fault of the media. I wonder if this is too late now:
"So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted."
Labels: Environment, GlobalWarming, Obama, Taxes
posted by John Lott at 3:48 PM
2 Comments:
If coal is going to be taxed heavily and the oil drilling moratorium continues
where will the power to heat, cook and pump water to houses come from?
-oh sorry, i forgot "the government will provide..."
(with help from venzuala, the Arabs,The Iranians, The Angolans and the Russians) -yeah bring it on...
Brent Crude
Brent, it is called alternate energy. Wind, solar, nuclear power, etc. Did you listen to any of the debates?
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