Thursday, January 29, 2009

Clean Coal Cleans Up in Economic Stimulus Package

The House version of the economic stimulus package includes $2.4 billion in fresh incentives for so-called clean coal, on top of the $2.2 billion that snuck into the bailout package last October. The Senate version of the stimulus looks even friendlier to coal, thanks to West Virginia Sen. Robert Byrd—he boasts of attaching $4.6 billion in clean-coal support to that package. Next week the House and Senate will have to reconcile their versions; regardless of exactly where the dust settles, coal won’t be crying. (The Wall Street Journal, Environmental Capital, Keith Johnson)

No comments: