America is the Saudi Arabia of coal. It is used produce 50% of our electricity. Unfortunately, it is also a horrible polluter. I wish there was such a thing as clean coal.
Obama's proposed cap and trade will force companies like Alliant to either make more of their energy from wind or natural gas or pay for permits to continue to use coal. I prefer a simpler carbon tax, but that has been deemed too controversial. Either way, the price of electricity is going up.
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