Art Horn: The War On Energy And A Second Term

It is strange for me to see the president of the United States actually working against making this nation stronger. I must confess I’ve never seen anything like it.

It feels different and it is different. Ever since he took office, president Obama has worked fastidiously to close electric generating facilities that use coal. The rhetoric in his speeches about his belief in man made global warming and his commitment to funding so called “renewable energy” projects is disconcerting. Of course it’s his operatives at the EPA that are the actual troops on the ground carrying out the mission. If he were somehow re-elected to a second term, the unreported and unprecedented war on fossil fuels will continue unabated.

Recently the New Yorker magazine published a story titled “The Second Term” by Ryan Lizza. The story speculates about what the major priorities of the current president would be if returned to the White House. Lizza says “Obama has an ambitious second-term agenda, which at least in broad ways, his campaign is beginning to highlight. The President has said that the most important policy he could address in his second term is climate change, one of the few issues he thinks could fundamentally improve the world decades from now.” One thing is for sure, President Obama, if re-elected will not change his horse in mid-stream. He has been and continues to be committed to taxing carbon dioxide one way or another. Cap and Trade failed but least we forget, shortly after that defeat he said “Cap-and-Trade was just one way of skinning the cat, it was not the only way.” You can bet the ranch that any cat inside our boarders will be scurrying for their lives if he is re-elected.

On January 1, 2013 the Bush Era Tax Cuts will come to an end. Because of this the size of the federal government will be reduced and taxes will increase. It is speculated that this could have a major negative impact on the sputtering and fragile economy. Speaking from Air Force One on June 6, 2012 president Obama insisted that he will not extend the Bush Era tax cuts for wealthy Americans. The president forgot to mention that all Americans will see their taxes increase on January 1st, not just those earning over $250.000 a year.

So what will the President do if he is re-elected and faced with this situation? My guess is that he will continue the path he has pursued all along. He will continue his attack on the fossil fuel industry. Using fear of global warming as his weapon, he will extract capital from the economy with a so called “carbon tax.” However, it will not be a tax on carbon. The term “carbon tax” is a smoke screen. It will actually be a tax on every industry and every entity that produces carbon dioxide gas. It will be Cap-and-Trade re-formulated, re-constituted and re-marketed in the name of saving the economy and having the double benefit of saving the world from global warming, excuse me, climate change! The president believes he has that kind of power. Remember on the night he was nominated he said “Let it be know that this was the day the oceans stopped rising and the planet began to heal.”

Energy Tribune

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