President Obama Keeps Promise to Bankrupt Coal Industry

From TheBlaze.com by Tom Borelli:

The coal industry is on the verge of extinction. Coal’s precipitous fall from providing almost half of our electricity is not a result of free-market forces but from government regulation driven by President Obama with aggressive support from crony capitalists and environmental activists.

Tragically, the destruction of the coal industry is a case study in Obama’s heavy handed command and control energy policy. Under this scheme, the chosen industries such as wind and solar companies are showered with government grants and loans while coal – a competing and therefore an undesirable source of electricity – gets punished with excessive regulations.

Read Tom’s entire commentary at TheBlaze.com

Watch Tom’s interview about Obama’s war on coal on Glenn Beck TV (GBTV.com):

Part 1

Part 2

 

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