**Posted by Phineas
I’m not sure what the people of Ohio, Pennsylvania, Illinois, and Colorado did to Barack Obama –after all, they gave him the electoral votes he needed to win reelection– but he sure has it in for their major exports and the jobs they create:
The leaders also announced that the Netherlands was joining the U.S. and other countries in an effort to stop the international funding of new coal-fired power plants by development banks.
“We’re pleased that the Netherlands has joined our initiative that will virtually end all public financing for coal-fired plants abroad,” Obama said. “It’s concrete action like this that can keep making progress on reducing emissions while we develop new global agreements on climate change.”
Per Bryan Preston, the US is the world’s second largest coal exporter, and each million tons exported creates over 1,300 jobs. Now, why on Earth would an American president work so hard against American economic interests, especially in difficult times with such large numbers of people unemployed and under-employed? It’s almost as if he sees American power as a problem, something to be solved by managed decline… Nah, couldn’t be.
I sorely wish more people in those coal-mining states had seen the danger Obama poses to their own livelihoods and the nation’s well-being; I’ve little doubt we’d be in a better situation right now, if they had. But that’s done, and now we have to work to convince voters that any Democrat nominee in 2016 is going to be beholden to the same radical environmentalist interests that Obama is placating with this initiative. Those factions are not interested in mitigating the problems with coal use until a genuine replacement comes along or with good conservation practices in its mining: they want to ban it outright, now, and the consequences be damned for communities reliant on its extraction and an economy dependent on the energy it produces.
And, right now, they have their guy in office.
Read the rest of Preston’s report for the international implications of this agreement.
(Crossposted at Public Secrets)