DeSmog

America's Real Climate Policy — $35 Billion for New Coal Plants

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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, enough to offset all state and federal efforts to reduce U.S. greenhouse gas emissions over that time.

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