Take one cherry-picked quote, say that a newspaper has been "hiding" it when it has been on their website all along and hype the result through several different rightwing noise-makers. Result - a scandal which says that Obama would like to drive the coal industry bankrupt. One good enough for Sarah Palin to tout on the stump.
The original quote, presented in a cropped clip of an Obama interview that discussed his policy on climate change and carbon "cap and trade", looked terrible for Obama. Especially in places like West Virginia and Ohio:
That will create a market in which whatever technologies are out there that are being presented, whatever power plants are being built, they would have to meet the rigors of that market and the ratcheted-down caps that are imposed every year. So if somebody wants to build a coal-powered plant, they can. It’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted. That will also generate billions of dollars that we can invest in solar, wind, biodiesel, and other alternative energy approaches.
But it's just the Right cherry-picking its quotes again to fabricate a smear out of whole cloth.
This from the same interview - and unmentioned by the unethical smear-merchants at Newsbusters, who first floated the rightwing's version of the truth:
"But this notion of no coal, I think, is an illusion. Because the fact of the matter is, is that right now we are getting a lot of our energy from coal. And China is building a coal-powered plant once a week. So what we have to do then is figure out how can we use coal without emitting greenhouse gases and carbon. And how can we sequester that carbon and capture it. If we can’t, then we’re gonna still be working on alternatives."
Shows clearly that Obama meant only plants not using clean-coal technology would be hit.
And that is also McCain's position.
On June 21, 2005, Sen. George Voinovich (R-OH) told McCain in a Senate debate that his legislation to curb climate change would "put coal of out of business." McCain didn't contest that claim. Indeed McCain agreed that his legislation would "require sacrifice" acknowledging that critics said it would cost "thousands of jobs."
But you won't be hearing that from Newsbusters, Drudge, Malkin, Fox News, Palin or any of the many others who climbed on this "November Surprise" bandwagon.
Crossposted from Newshoggers