Bankrupt the Coal Industry

Obama talked with The Chronicle editorial board Jan. 17 2008 for an interview. In his wide-ranging session with the paper, the Democratic senator from Illinois spoke about his energy plan and an "aggressive" cap-and-trade policy, and spoke about bankrupting the coal industry.

"So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them, because they're going to be charged a huge sum for all that greenhouse gas that's being emitted," he said. In the same interview, the senator said that "if technology allows us to use coal in a clean way, we should pursue it."

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