Coal State Gov. Sides with Obama on 'Bankrupting' Industry
The revelation that Democratic presidential nominee Sen. Barack Obama would bankrupt the coal industry â€śfor all that greenhouse gas thatâ€™s being emitted,â€ť 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 CNBCâ€™s Nov. 3 â€śPower Lunchâ€ť 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 Democratsâ€™ presidential candidate â€śunderstandsâ€ť the nationâ€™s energy woes.
â€śBasically he understands this country must become secure,â€ť Manchin said. â€śWe should not be dependent on foreign oil. In order to do that, we got to use all of our resources. Coalâ€™s going to be a major factor for next 20, 30 or more years. But we have a responsibility to clean it up.â€ť
Manchin, who is heavily favored in his reelection bid, told CNBC that cap-and-trade or a carbon tax â€“ which would cause energy prices to â€śskyrocket,â€ť according to Obama â€“ were inevitable possibilities.
But opposition to coal hasnâ€™t helped candidates in
â€śHe sent a letter to the United Mine Workers last month,â€ť the Oct. 2, 2000 editorial said. â€śBut he remains committed to a fossil- fuelless vision of the future that has already done great damage both to
Gore went on to lose
â€śIf somebody wants to build a coal-powered plant, they can,â€ť Obama told the San Francisco Chronicle on Jan. 17, 2008. â€śItâ€™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.â€ť
Mike Carey, president of the Ohio Coal Association, said Obamaâ€™s remarks spell â€śdisasterâ€ť for the coal industry.
â€śItâ€™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 stateâ€™s voters,â€ť Carney said in a release on Nov. 3. â€śSenator Obama has revealed himself to be nothing more than a short- sighted, inexperienced politician willing to say anything to get a vote.â€ť