Obama energy plan implodes

By Roger Hedgecock,WND

Obama’s energy plan is collapsing 

The president promised to "transform America."

As part of that transformation,Obama proposed to reduce the use of cheap oil,natural gas and coal by raising the price of these energy sources through regulation and taxation until consumers used less. Simultaneously,the federal government would subsidize wind,solar and geothermal to create "green"jobs and reduce our dependence on foreign oil.

The primary push behind these policies was Obama’s belief in the radical environmentalists’notion that use of traditional fuels was changing the climate. During the 2008 campaign,Obama admitted that electricity rates for every consumer would "necessarily skyrocket"under his plan.

(Earth to Obama:Methane gas is 30 times more a greenhouse gas than CO2. More methane is naturally leaking from the Arctic Ocean floor today than CO2 from human sources.)

The political wheels are coming off this goofy energy plan.

Last week,Sen. Jay Rockefeller,D-W.Va.,and Rep. Nick Rahall,D-W.Va.,submitted legislation that would stop the EPA from regulating greenhouse gas emissions for two years. This would stop the EPA from imposing a "cap-and-trade"tax on energy while legislation authorizing "cap and trade"is stalled in Congress because of overwhelming public opposition.

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