A coal group is arguing that spending $4 billion each year to subsidize coal and nuclear plants is not that much for consumers to bear because it would create energy security and boost national security.

“While $4 billion per year is not trivial, it is tiny compared to other investments for national security,” according to a new paper from the pro-coal American Coalition for Clean Coal Electricity that will be released Monday.

The paper goes on to explain that Defense Department spending over the past three fiscal years averaged about $645 billion per year. Therefore, “paying an additional $4 billion per year to promote national security would represent less than 0.6 percent of federal funding for the same purpose,” the paper added.

Read more

Take advantage of one of nature’s most hardworking nutrients with Vasobeet now at 40% off!


Related Articles