Green | June 26, 2011 | 0 comments

HARVARD STUDIES THE TRUE COST OF COAL

With all this talk about clean energy being more expensive than traditional sources it helps to know the facts. Coal is the beneficiary of huge subsidies. How? By having average Americans pay the health care costs associated with polluted air and rivers. Not to mention the destruction of entire mountains leading to the collapse of smaller local economies across the state of Virginia. Capitalism only works when the market is truly free, and that means "true accounting". This isn't about more government regulation or less. Its about accurately pricing the environmental goods we all use for free. While many may have moral objections to the commodification of the environment, others may recognize the economic benefits of allowing a "free" market determine how we make the best of our planet, our health, and our lives.

http://chge.med.harvard.edu/programs/ccf/documents/MiningCoalMountingCosts.pdf
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