January 25th 2009
Obama’s Job-Killing Energy Policies
Barack Obama says he has an open mind and his decisions will be made based on a robust discussion of the facts available to him. Let’s hope someone tells him about this:
Developers of a coal-to-fuel plant proposed for western North Dakota say the $4 billion project is on hold while they await direction from the Obama administration and Congress.
“A new federal plan is needed to see how coal fits in, in the future,” said David Straley, a North American Coal Corp. spokesman. “We don’t want to put $200 million in the ground and not know where we’re at.”
The project would be the first large commercial coal-to-fuel plant in the U.S., developers say.
Sen. Byron Dorgan, D-N.D., said he supports the project but it’s “perfectly reasonable” for it to be put on hold because of uncertainty in the marketplace and changing federal energy policies. (source)
The plant will generate income for North Dakota and create new jobs Obama claims he’s working hard to generate. It will lessen our dependence on imported, Middle Eastern or Venezuelan oil. But it’s on hold because Obama has yet to provide any proof that he intends to back off his threat to relegate coal to, well, the coal bin.
Here’s a solution: If you hold off remaking the energy economy to stop global warming until there’s proof that global warming poses a greater threat than economic meltdown, it will sure help us deal with the economy.
hat-tip: Say Anything via What Bubba Knows
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Developers of a coal-to-fuel plant proposed for western North Dakota say the $4 billion project is on hold while they await direction from the Obama administration and Congress.











