Coal Industry To Be Bankrupted
Posted by Sal Traina Categories: Editorials, US Economy
It doesn’t matter that nearly 50% of our home electric comes from coal. The predicted winner of today’s Presidential Election, Democrat Barack Obama, wants to punish coal companies, and other industrial markets, with Cap and Trade. This will slow, or maybe even reverse economic progress in the United States. The predicted loser, Republican John McCain, also supports cap and trade, but not to the extent Obama does. Either way, cap and trade never worked.
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