Finally, Barry keeps a campaign promise. You won't like it, though.

The bad news? It's going to cost you a fucking fortune. In a rare moment of honesty, way back in 2008, while talking to the San Francisco Chronicle during his run for the White House, then-Sen. Barack Hussein Obama said this:

“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket, regardless of what I say about whether coal is good or bad, because I’m capping greenhouse gases,” Obama said. “Coal power plants, natural gas, whatever the industry was, they would have to retrofit their operations. That will cost money. They will pass that money onto consumers.”

Think about that. Based on an unproven and, frankly, largely discredited theory, Obama wanted to make electricity more expensive. He wanted to. He said so.

And now, he has taken the final step toward fulfilling that campaign promise. As ABC reports, the EPA is issuing regulations requiring drastic cuts in power plant emissions of carbon dioxide, also known as plant food:

Obama's proposal to force a 30 percent cut in carbon dioxide emissions, by the year 2030 from 2005 levels, drew immediate scorn from Republicans, industry groups and even a few Democrats who are facing fraught re-election campaigns in energy-dependent states. Environmental activists were split, with some hailing the plan and others calling it insufficiently strict to prevent the worst effects of global warming.
The effort would cost up to $8.8 billion annually in 2030, the EPA projected. But the actual price is impossible to predict until states decide how to reach their targets — a process that will take years.
Obama, in a conference call with public health leaders, sought to head off critics who have argued the plan will kill jobs, drive up power bills and crush the economy in regions of the U.S.
"What we've seen every time is that these claims are debunked when you actually give workers and businesses the tools and the incentives they need to innovate," Obama said.

That, of course, is just another Obama lie, trying to pretend that regulations carry no economic cost. This time, it will be harder to hide, because all of us will notice when our electricity bills "necessarily skyrocket." On the other hand, Barry will be out of office by then, so he doesn't give a shit.