“If somebody wants to build a coal-fired power plant, they can. It’s just that it will bankrupt them… Under my plan… electricity rates would necessarily skyrocket.”
That was former President Barack Obama in a 2008 interview when he was running for president for the first time, outlining his policy that became the Clean Power Plan—which disincentivized coal electricity production — to drive up electricity prices to the moon in order to make green alternatives more marketable.
Now, almost 20 years later, it’s clear that it’s …