Can't We Just Wait for Climate Hell Without Subsiziding It?

Wed, 2007-05-30 10:29Ross Gelbspan
Ross Gelbspan's picture

Can't We Just Wait for Climate Hell Without Subsiziding It?

Even as Congressional leaders draft legislation to reduce greenhouse gases linked to global warming, a powerful roster of Democrats and Republicans is pushing to subsidize coal as the king of alternative fuels.

Prodded by intense lobbying from the coal industry, lawmakers from coal states are proposing that taxpayers guarantee billions of dollars in construction loans for coal-to-liquid production plants, guarantee minimum prices for the new fuel, and guarantee big government purchases for the next 25 years.

[x]

CLEAN COAL, it's the two-word catch phrase the coal industry has used for years as it tries to convince the world its climate changing energy source has a future.

While the term “clean coal” is rightly met with ridicule and derision by many, up until this week it has been allowed to stand — at least in the world of advertising.

But now the UK’s advertising authorities have told Peabody Energy that it can no longer freely dangle its “clean coal...

read more