Leveling the Playing Field for Renewable Energy Technology26 Jul
Adding environmental and societal costs of coal used in the generation of electricity would create a more level playing field for renewable energy technologies. However, the coal-fired electric power plant industry would summon their considerable lobbying power to decimate any such rational proposal. These same folks would contribute massive sums to political campaigns, and, thus, buy the Congress and the President. Unless the renewable energy industries are willing to outbid their fossil fuel competitors in campaign contributions for tax breaks and regulatory favors, don’t expect otherwise rational ideas on leveling the playing field to be implemented any time soon. For a check on who is giving how much to whom in the political space, try checking www.opensecrets.org.
Tags: Coal Fired Power Plants, Leveling the Playing Field, Lobbying Power, Renewable Energies, Societal Cost of Coal