Not if obama has anything to do with it! He already said he wants to bankrupt the coal industry.
DAMN 3 you gotta long way to go and a lot of learning to do when it comes to your american politics. A presidential candidate will promise people the moon and deliver then a stone in time. Obama was appealing to the greenies by saying he was going to "bankrupt" the coal industry. Coal provides america with 90 percent of its electricity... add to that america has HUNDREDS OF YEARS WORTH OF COAL JUST IN ITS WESTERN STATES. It also has about a thousand years of natural gas.. do you think america is going to forsake its electricity, cooking, heating etc etc because of the carbon emissions of these products?
All fuels release carbon dioxide and OIL is one of the worst. If his so called CAP AND TRADE system was implemented not only would the coal and natural gas companies go bankrupt, the OIL INDUSTRY WOULD GO BANKRUPT AS WELL!!!!! So exactly who the hell was he talking to on this matter? NO ONE ! He was trying to make himself look like he cared for the environment. For all fuel burning/using industries the remedy is to put BUFFERS on the smoke stacks. It is a device/technology/solution that has been around for years, but you know what? During your american Bush years he exclaimed that if the petrochemical industry had to use these buffers that the american economy would collapse...WTF was he talking about? Sounds like the excuse was being made during his years as president to make sure that CAP AND TRADE would have grounds to come into existence.