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    market news

    Does Obama want to bankrupt the coal industry?

    Melissa Pistilli
    Nov. 06, 2008 10:42AM PST
    Market News

    Coal Investing News reports the American elections and the future of the coal industry. The story: In a “secret” interview, the Senator admitted to the San Francisco Chronicle that he would purposefully bankrupt the coal industry. So, what was said in this so-called “secret” interview that had Sarah Palin, Fox News, and the coal industry …

    Coal Investing News reports the American elections and the future of the coal industry.

    The story: In a “secret” interview, the Senator admitted to the San Francisco Chronicle that he would purposefully bankrupt the coal industry.

    So, what was said in this so-called “secret” interview that had Sarah Palin, Fox News, and the coal industry so enraged?  Obama stated here, ”…so if somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them because they are going to be charged a huge sum for all that greenhouse gas that’s being emitted.”

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing Newsletter.

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