Caps Quote by Barack Obama
“Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”
About This Quote
Source Speech: Remarks on Energy Policy, United States Senate, 2009
A cap‑and‑trade system would raise electricity prices, making energy more costly for consumers.
In simple terms: Cap‑and‑trade likely increases power bills.
Key Takeaway
Consider cost impacts of environmental policies.
Themes
economics
environment
policy
energy
pricing
Mood
concerned
analytical
Type
policy
economic
When to use this quote
- budget planning
- home energy use
- political debate
- legislative drafting
Key Concepts
market mechanisms
climate legislation
consumer impact
Questions to Reflect On
- What alternatives could lower emissions without raising costs?
- How do price hikes affect low‑income households?
A Different Perspective
Potential benefits like reduced emissions are not addressed.
![“That is another theme in the book [Dreams from My Father]. How do we exercise more empathy in our public discourse? How do we get the black to see through the eyes of the white? Or the citizen to see through the eyes of the immigrant? Or the straight to see through the eyes of the gay? That has…” quote by Barack Obama](https://sms4smile.com/quotes/img-quotes/00d/barack-obama-17_black_that-is-another-theme-in-the-book-dreams_10185.jpg)
