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Continue readingCoal Industry Spending Freely to Influece Congress
The coal industry is in the middle of a massive $40 million campaign to make sure that Congress, the presidential candidates, and the American people get to know that black rock in their stockings a little better - and to keep politicians from doing anything to threaten the burning of said unwelcome stocking guest in coal-fired power plants. If you've paid attention to the presidential race you probably noticed that a number of the debates were sponsored by a coal front group called Americans for Balanced Energy Choices and that those debates did not dare to feature a single question about global warming. CNN received $5 million dollars from the group. I'd say they got a good bang for their buck.
Facing a bruising fight over climate change, the coal industry is on the political offensive this election year to ensure that no matter who wins in November, so does coal.
Billions of dollars in corporate profits are at stake for the companies that mine, ship and burn the nation's most abundant domestic fuel.
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