27 Sep '12, 2pm

Three ways Romney’s new coal ad is hopelessly wrong

Three ways Romney’s new coal ad is hopelessly wrong

This notion of “no coal” I think is an illusion. The fact of the matter is that, right now, we are getting a lot of our energy from coal, and China is building a coal-powered plant once a week. So what have to do then is figure out how can we use coal without emitting greenhouse gasses and carbon. … What I’ve said is that we would put a cap-and-trade system in place that is as aggressive if not more aggressive than anyone else’s out there. I was the first to call for 100 percent auction which means that every unit of carbon or greenhouse gasses would be charged to the polluter. … [T]hey’ll have to meet the rigors of that market and the ratcheted-down caps that are imposed every year. So if someone wants to build a coal-powered plant, they can. It’s just that it will bankrupt them, because they’re gonna be charged a huge sum for all that greenhouse gas that’s being emitted....

Full article: http://grist.org/news/three-ways-romneys-new-coal-ad-is-h...

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