Skip to content

The Grand Prize in Obama’s War on Coal™

June 30, 2013

Watts Up With That?

Guest Post by Willis Eschenbach

It’s a bad week for poor people around the planet. First, and with great fanfare, our President unleashed his patented climate plan, affectionately known as Obama’s War on Coal™. He hasn’t said yet how much Obama’s War on Coal™ will cost, but we can be sure that it will not be cheap. And as in any war, it is guaranteed that the poor will suffer the most.

Sadly, this was followed by even worse news. The World Bank has decided it wants to keep the developing world from having inexpensive electricity. They will not make any more loans for coal-fired power plants.

anthracite coalYou remember “inexpensive electricity”? When I was a kid, the US Government used to be in favor of inexpensive electricity, because it was rightly seen as the savior of the poor farmer and the poor housewife. That’s why the Tennessee Valley Authority came…

View original post 1,133 more words

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: