Coal an Alternative Fuel? Yes, According to Reid’s New Energy Bill

Nicolas Loris / July 28, 2010

As many predicted, Majority Leader Harry Reid’s (D–NV) new energy bill contains neither a cap-and-trade program nor a renewable electricity standard (RES). But in a complete change of direction, the bill has made coal, the nemesis of the cap and trade/RES crowd, an alternative fuel. So now, to the list of politically correct alternatives such as wind and solar, we can now add coal.

In addition to the bill’s plethora of subsidies, tax credits, and other “incentives” to increase the production of electric vehicles, the bill, according to a draft summary, Section 2115 of the Clean Energy Jobs and Oil Company Accountability Act: (more…)