electricity prices skyrocket with carbon tax

The assertions that price rise will be modest under Carbon Tax by the Triumvirate in Canberra is another attempt in a conga line of attempts to deceive.


President Obama was very clear and levelling with The American people when he said:



"

When I was asked earlier about the issue of coal?under my plan of a cap and trade system, electricity rates would necessarily skyrocket?even regardless of what I say about whether coal is good or bad, because I?m capping greenhouse gasses, coal power plants, natural gas?you name it?whatever the plants were, whatever the industry was, they would have to retro-fit their operations.



Read more: http://newsbusters.org/blogs/kerry-picket/2008/11/02/obama-energy-prices-will-skyrocket#ixzz1GQfOH0Nj