DC Democrats Flunk Simple Math
Tuesday, June 30th, 2009I’m thankful that Rich Karlgaard wrote this op-ed in this morning’s Forbes. This simplifies what the Democrats are attempting to do. It’s obvious that Pelosi’s Democrats can’t pass basic math:
In the U.S., electricity is produced from these sources. If you are reading this on a handheld and can’t read Wikipedia’s wonderful pie chart, here is the breakdown:
48.9% — Coal
20% — Natural Gas
19.3% — Nuclear
1.6% — PetroleumGot that? A tick over 88% of U.S. electricity comes from three sources: coal, gas and nuclear. Petroleum brings the contribution of so-called “evil” energy–that is, energy that is carbon- or uranium-based–to almost 90%.
Despite the fact that the overwhelming amount of electricity is created through fossil fuels or through nuclear power, Pelosi’s Democrats want to destroy the United States’ ability to generate electricity. Let’s remember that President Obama said that he was perfectly comfortable with bankrupting coal-powered power plants:
I was the first to call for a 100% auction on the cap and trade system, which means that every unit of carbon or greenhouse gases emitted would be charged to the polluter. That will create a market in which whatever technologies are out there that are being presented, whatever power plants that are being built, that they would have to meet the rigors of that market and the ratcheted down caps that are being placed, imposed every year. (more…)