Wednesday, May 30, 2012

The Death of Coal

Even in Kentucky, Coal Industry Is Under Siege - NYTimes.com
 Coal is dying a painful and desperate death.  It is flailing about like a wild animal wounded mortally.  Already Kentucky's once lowest electrical rates are being forced up by the increased costs of using coal.  A local legislator is using the economic impact to argue that the industry should be supported even if it costs more to the consumer.  How is this different from a hidden tax on the use of coal?  More to come.

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