--- title: "Meaning & Key Takeaway of: Under my plan of a cap and trade system…" description: "\"Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.\" — Barack Obama" image: "https://sms4smile.com/quotes/i/555/barack-obama-17_caps_under-my-plan-of-a-cap-and-trade-system_650673.jpg" --- # Under my plan of a cap and trade system, electricity rates… ![“Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” quote by Barack Obama](https://sms4smile.com/quotes/i/555/barack-obama-17_caps_under-my-plan-of-a-cap-and-trade-system_650673.jpg) [Download](https://sms4smile.com/quotes/i/555/barack-obama-17_caps_under-my-plan-of-a-cap-and-trade-system_650673.jpg) [Open image](https://sms4smile.com/quotes/i/555/barack-obama-17_caps_under-my-plan-of-a-cap-and-trade-system_650673.jpg) > “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. 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. ★ ★ ★ ★ ★ No ratings yet [Climate](https://sms4smile.com/quotes/about/climate/) [Electricity](https://sms4smile.com/quotes/about/electricity/) [Greenhouse gases](https://sms4smile.com/quotes/about/greenhouse-gases/) [Trade](https://sms4smile.com/quotes/about/trade/) ## Related quotes > [Under my plan of a cap and trade system, electricity rates would necessarily skyrocket… Because I’m capping greenhouse gasses, coal power plants, natural gas…you…](https://sms4smile.com/quotes/barack-obama/under-my-plan-of-a-cap-and-trade-system-electricity-rates-would-2/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. . . . Because I'm capping greenhouse gases, coal power…](https://sms4smile.com/quotes/barack-obama/under-my-plan-of-a-cap-and-trade-system-electricity-rates-would-3/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The 2017 general election showed how quickly support can skyrocket.](https://sms4smile.com/quotes/clive-lewis/the-2017-general-election-showed-how-quickly-support-can-skyrocket/) [Clive Lewis](https://sms4smile.com/quotes/author/clive-lewis/) > [I did not come to Washington to raise the electricity rates by as much as $40 per month as this plan would do.](https://sms4smile.com/quotes/greg-walden/i-did-not-come-to-washington-to-raise-the-electricity-rates-by-as/) [Greg Walden](https://sms4smile.com/quotes/author/greg-walden/) > [So if somebody wants to build a coal-powered plant, they can. 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How do we exercise more empathy in our public discourse? How do we… ](https://sms4smile.com/quotes/barack-obama/that-is-another-theme-in-the-book-dreams-from-my-father-how-do-we/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I can say across Europe that many principles that have been taken for granted here around free speech, and around civil liberties and an…](https://sms4smile.com/quotes/barack-obama/i-can-say-across-europe-that-many-principles-that-have-been-taken-for/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [So Americans understand the costs of war. Yet as a country, we will never tolerate our security being threatened, nor stand idly by when…](https://sms4smile.com/quotes/barack-obama/so-americans-understand-the-costs-of-war-yet-as-a-country-we-will/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I want to thank the Greek people publicly for their humanitarian response to the crisis of so many migrants and refugees seeking safety in…](https://sms4smile.com/quotes/barack-obama/i-want-to-thank-the-greek-people-publicly-for-their-humanitarian/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [We had a farewell dinner for some of my senior staff, and generally everybody likes to talk about how cool I was.](https://sms4smile.com/quotes/barack-obama/we-had-a-farewell-dinner-for-some-of-my-senior-staff-and-generally/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [ It's good to get fresh legs in \[the White house\]. I think that it refreshes our democracy. ](https://sms4smile.com/quotes/barack-obama/it-s-good-to-get-fresh-legs-in-the-white-house-i-think-that-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Believe it or not, entertainment is part of our American diplomacy, it is part of what makes us exceptional, part of what makes us…](https://sms4smile.com/quotes/barack-obama/believe-it-or-not-entertainment-is-part-of-our-american-diplomacy-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) [Explore all 3,624 Barack Obama quotes ](https://sms4smile.com/quotes/author/barack-obama/) ## More Caps quotes > [It is irresponsible to set an arbitrary cap on how much therapy a Medicare beneficiary can receive. It ignores the health needs of our…](https://sms4smile.com/quotes/john-ensign/it-is-irresponsible-to-set-an-arbitrary-cap-on-how-much-therapy-a/) [John Ensign](https://sms4smile.com/quotes/author/john-ensign/) > [When I represent my country I don't think about the number of caps, but about trying to qualify for finals. That's what counts.](https://sms4smile.com/quotes/darren-fletcher/when-i-represent-my-country-i-don-t-think-about-the-number-of-caps/) [Darren Fletcher](https://sms4smile.com/quotes/author/darren-fletcher/) > [What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory…](https://sms4smile.com/quotes/bernie-sanders/what-wall-street-and-credit-card-companies-are-doing-is-really-not/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [Coal is My Worst Nightmare.](https://sms4smile.com/quotes/steven-chu/coal-is-my-worst-nightmare/) [Steven Chu](https://sms4smile.com/quotes/author/steven-chu/) > [The man in the coon skin cap in the pig pen wants eleven dollar bills, you've only got ten.](https://sms4smile.com/quotes/bob-dylan/the-man-in-the-coon-skin-cap-in-the-pig-pen-wants-eleven-dollar-bills/) [Bob Dylan](https://sms4smile.com/quotes/author/bob-dylan/) > [I have never heard enough classical music to be able to enjoy it; & the simple truth is, I detest it. Not mildly, but…](https://sms4smile.com/quotes/mark-twain/i-have-never-heard-enough-classical-music-to-be-able-to-enjoy-it-the/) [Mark Twain](https://sms4smile.com/quotes/author/mark-twain/) > [One of the things I've become immune to is people talking about market cap and social media platforms.](https://sms4smile.com/quotes/ashton-kutcher/one-of-the-things-i-ve-become-immune-to-is-people-talking-about/) [Ashton Kutcher](https://sms4smile.com/quotes/author/ashton-kutcher/) > [If you think of the ice caps as the fridge of our planet, if your fridge at home died, the food you eat would…](https://sms4smile.com/quotes/orlando-bloom/if-you-think-of-the-ice-caps-as-the-fridge-of-our-planet-if-your/) [Orlando Bloom](https://sms4smile.com/quotes/author/orlando-bloom/) > [I'm livin' in times where my daughters are found around Kids who can't afford thinking caps... But always found drinkin' raps and eatin' off…](https://sms4smile.com/quotes/kelvin-mercer/i-m-livin-in-times-where-my-daughters-are-found-around-kids-who-can-t/) [Kelvin Mercer](https://sms4smile.com/quotes/author/kelvin-mercer/) > [Communists all seem to wear small caps, a look I consider better suited to tubes of toothpaste than to people.](https://sms4smile.com/quotes/fran-lebowitz/communists-all-seem-to-wear-small-caps-a-look-i-consider-better/) [Fran Lebowitz](https://sms4smile.com/quotes/author/fran-lebowitz/) > [People hit the sauce in a big way all winter. Amidst blizzards they wrestle unsuccessfully with the dark comedy of their lives, laughter trapped…](https://sms4smile.com/quotes/amy-gerstler/people-hit-the-sauce-in-a-big-way-all-winter-amidst-blizzards-they/) [Amy Gerstler](https://sms4smile.com/quotes/author/amy-gerstler/) > [Freshly brainwashed from rehab, I carry the bottle into the bathroom. I hold it up to the light. See the pretty bottle? Isn't it…](https://sms4smile.com/quotes/augusten-burroughs/freshly-brainwashed-from-rehab-i-carry-the-bottle-into-the-bathroom-i/) [Augusten Burroughs](https://sms4smile.com/quotes/author/augusten-burroughs/) > [It's like I'm married to the silencer, Until I file for divorce and release my ex-calibers. Do art with your arteries, place that for…](https://sms4smile.com/quotes/pharoahe-monch/it-s-like-i-m-married-to-the-silencer-until-i-file-for-divorce-and/) [Pharoahe Monch](https://sms4smile.com/quotes/author/pharoahe-monch/) > [I have not the particular shining bauble or feather in my cap for crowds to gaze at or kneel to, but I have power…](https://sms4smile.com/quotes/oliver-cromwell/i-have-not-the-particular-shining-bauble-or-feather-in-my-cap-for/) [Oliver Cromwell](https://sms4smile.com/quotes/author/oliver-cromwell/) > [That did it. I'd gone through a lot in the past few days. Everyone I met seemed to want a piece of me: djinn,…](https://sms4smile.com/quotes/jonathan-stroud/that-did-it-i-d-gone-through-a-lot-in-the-past-few-days-everyone-i/) [Jonathan Stroud](https://sms4smile.com/quotes/author/jonathan-stroud/) Browse all 418 Caps quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.", "creator": { "@type": "Person", "name": "Barack Obama" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/barack-obama/under-my-plan-of-a-cap-and-trade-system-electricity-rates-would/", "about": { "@type": "Thing", "name": "Caps" }, "@id": "https://sms4smile.com/quotes/barack-obama/under-my-plan-of-a-cap-and-trade-system-electricity-rates-would/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/555/barack-obama-17_caps_under-my-plan-of-a-cap-and-trade-system_650673.jpg", "contentUrl": "https://sms4smile.com/quotes/i/555/barack-obama-17_caps_under-my-plan-of-a-cap-and-trade-system_650673.jpg", "url": "https://sms4smile.com/quotes/i/555/barack-obama-17_caps_under-my-plan-of-a-cap-and-trade-system_650673.jpg", "width": 1080, "height": 1080, "caption": "“Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” — Barack Obama", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Barack Obama", "item": "https://sms4smile.com/quotes/author/barack-obama/" }, { "@type": "ListItem", "position": 4, "name": "Under my plan of a cap...", "item": "https://sms4smile.com/quotes/barack-obama/under-my-plan-of-a-cap-and-trade-system-electricity-rates-would/" } ], "@id": "https://sms4smile.com/quotes/barack-obama/under-my-plan-of-a-cap-and-trade-system-electricity-rates-would/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```