Coal State Gov. Sides with Obama on 'Bankrupting' Industry
The revelation that Democratic presidential nominee Sen. Barack Obama would bankrupt the coal industry ‚Äúfor all that greenhouse gas that‚Äôs being emitted,‚ÄĚ 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‚Äôs Nov. 3 ‚ÄúPower Lunch‚ÄĚ 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‚Äô presidential candidate ‚Äúunderstands‚ÄĚ the nation‚Äôs energy woes.
‚ÄúBasically he understands this country must become secure,‚ÄĚ Manchin said. ‚ÄúWe should not be dependent on foreign oil. In order to do that, we got to use all of our resources. Coal‚Äôs going to be a major factor for next 20, 30 or more years. But we have a responsibility to clean it up.‚ÄĚ
Manchin, who is heavily favored in his reelection bid, told CNBC that cap-and-trade or a carbon tax ‚Äď which would cause energy prices to ‚Äúskyrocket,‚ÄĚ according to Obama ‚Äď were inevitable possibilities.
But opposition to coal hasn‚Äôt helped candidates in
‚ÄúHe sent a letter to the United Mine Workers last month,‚ÄĚ the Oct. 2, 2000 editorial said. ‚ÄúBut he remains committed to a fossil- fuelless vision of the future that has already done great damage both to
Gore went on to lose
‚ÄúIf somebody wants to build a coal-powered plant, they can,‚ÄĚ Obama told the San Francisco Chronicle on Jan. 17, 2008. ‚ÄúIt‚Äôs 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.‚ÄĚ
Mike Carey, president of the Ohio Coal Association, said Obama‚Äôs remarks spell ‚Äúdisaster‚ÄĚ for the coal industry.
‚ÄúIt‚Äôs 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‚Äôs voters,‚ÄĚ Carney said in a release on Nov. 3. ‚ÄúSenator Obama has revealed himself to be nothing more than a short- sighted, inexperienced politician willing to say anything to get a vote.‚ÄĚ