Obama Campaign Promise to Make Coal Costs Necessarily Skyrocket Verified by Department of Energy

Obama Campaign Promise to Make Coal Costs Necessarily Skyrocket Verified by Department of Energy

In a discussion of carbon capture and storage technology (CCS) at a House hearing, the deputy assistant secretary for clean coal at the Department of Energy Dr. Julio Friedmann said the new clean coal rules would increase wholesale electricity prices by “70 or 80 percent,” making then candidate Barack Obama’s 2008 pledge to “necessarily skyrocket” energy bills a reality…

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