Coal State Gov. Sides with Obama on 'Bankrupting' Industry
The revelation that Democratic presidential nominee Sen. Barack Obama would bankrupt the coal industry “for all that greenhouse gas that’s being emitted,” has prompted harsh reaction from various pro-coal constituencies. But the governor of one coal state welcomed the promise.
West Virginia Gov. Joe Manchin, a Democrat, appeared on CNBC’s Nov. 3 “Power Lunch” to discuss the effects the presidential election would have on the economy. He told co-anchor Trish Regan that despite anti-coal remarks Obama made to the San Francisco Chronicle on Jan. 17, the Democrats’ presidential candidate “understands” the nation’s energy woes.
“Basically he understands this country must become secure,” Manchin said. “We should not be dependent on foreign oil. In order to do that, we got to use all of our resources. Coal’s going to be a major factor for next 20, 30 or more years. But we have a responsibility to clean it up.”
Manchin, who is heavily favored in his reelection bid, told CNBC that cap-and-trade or a carbon tax – which would cause energy prices to “skyrocket,” according to Obama – were inevitable possibilities.
But opposition to coal hasn’t helped candidates in
“He sent a letter to the United Mine Workers last month,” the Oct. 2, 2000 editorial said. “But he remains committed to a fossil- fuelless vision of the future that has already done great damage both to
Gore went on to lose
“If somebody wants to build a coal-powered plant, they can,” Obama told the San Francisco Chronicle on Jan. 17, 2008. “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.”
Mike Carey, president of the Ohio Coal Association, said Obama’s remarks spell “disaster” for the coal industry.
“It’s evident that this campaign has been pandering in states like Ohio, Virginia, West Virginia, Indiana and Pennsylvania to attempt to generate votes from coal supporters, while keeping his true agenda hidden from the state’s voters,” Carney said in a release on Nov. 3. “Senator Obama has revealed himself to be nothing more than a short- sighted, inexperienced politician willing to say anything to get a vote.”