Undated video: Obama refers to the "enormous crisis of climate change", then says "If we cap the emission of greenhouse gases, it may cost us on the front end a few cents of electricity as the transition takes place"

[Undated video] President Obama talks Global-Warming at Gary Hirshberg's - YouTube

Gary Hirshberg has President Obama to his home,

At the 50-second mark, Obama refers to the "enormous crisis of climate change", then says "If we cap the emission of greenhouse gases, it may cost us on the front end a few cents of electricity as the transition takes place".

Real Science | "Science is the belief in the ignorance of the experts" – Richard Feynman

[Obama 2008] “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”