Obama Called for Bankrupting Coal Fired Power Plants

With only hours before election day, coal has become a major topic of Decision 2008.

Sunday, comments resurfaced from a taped interview Democratic presidential candidate Barack Obama did with the San Francisco Chronicle in January.

In the interview, which has been available online for months, Obama talks about the importance of coal. He went on to talk about his cap and trade proposal to help curb global warming.

"If somebody wants to build a coal power plant they can, it's just that it will bankrupt them because they are going to be charged a huge sum for all that greenhouse gas that's being emitted," Barack Obama said to the San Francisco Chronicle in January.

The campaign for Republican presidential candidate John McCain jumped on those comments today and is already sending out taped phone messages to voters in Ohio.

Campaigning in Marietta today, McCain's running mate Sarah Palin mentioned the Obama comments.

"He said that, sure, if the industry wants to build coal-fired power plants, then they can go ahead and try, he says, but they can do it only in a way that will bankrupt the coal industry, and he's comfortable letting that happen. And you got to listen to the tape," Sarah Palin said.

The Obama campaign says the quote is being taken out of context and that Obama is actually from a coal state and is a strong supporter of the industry.

The campaign sent a statement today saying "the point Obama is making is that we need a transition from coal burning power plants built with old technology to plants built with advanced technologies."

Monday, the San Francisco Chronicle pointed out the interview has been available on its website since January. It was critical of blogs which claimed the audio was hidden until this point.