I’m shocked, I figured his brilliant plan to harvest the power of algae was going to lower energy prices.
Via Washington Examiner:
President Obama acknowledged that his preferred climate change policies make energy “a little more expensive,” but he suggested that the initial cost is worth the long-term reward of lowering carbon emissions.
“I have to tell you that there are some Democrats, for example, who represent states or districts that are heavily reliant on old power plants and are more heavily manufacturing based,” Obama saidduring his Google+ hangout on Friday. “And the truth is that if you produce power using old power plants, you’re going to be emitting more carbon, but, to upgrade those plants means energy is going to be a little more expensive, at least on the front end.”