Obama: If I'm elected, we'll see "a spike in electricity costs"

I think this is pretty remarkable stuff:

[Obama] said his energy policy would put caps on the emission of greenhouse gases, “generating billions of dollars from polluters who are releasing carbons,” and then investing that money in wind, solar, biodiesel, and other green energies.

Addressing climate change and capping greenhouse gases are going to lead to ‘‘a spike in electricity costs ... we’re actually going to have to provide some help to low-income and fixed-income individuals to cover higher electricity prices on the front end.’’