Yeah, but it's not much."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.
That will cost money…they will pass that money on to the consumers."
Financial impact direct from President Obama (January 2008).
Just ask the guy who has no experience running a business of any kind, and all his advisers with their proven track-records of central government control over everything.
They'll tell you. Trust them, they ARE the Government.