America's Real Climate Policy -- $35 Billion for New Coal Plants [2]
A Depression-era program to bring electricity to rural areas is using taxpayer money to provide billions of dollars in low-interest loans to build coal plants even as Congress seeks ways to limit greenhouse gas emissions.
The beneficiaries of the government's largesse — the nation's rural electric cooperatives — plan to spend $35 billion to build conventional coal plants over the next 10 years [7], enough to offset all state and federal efforts to reduce U.S. [8] greenhouse gas emissions over that time.
TAGS: climate change [9], coal [10], coal fired plants [11], Congress [12], global warming [13], Government Policy [14], national rural electric cooperative association [15], Ross Gelbspan [16], US [17]
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