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Monday, October 1, 2012

The Real Cost Of Fossil Fuel...

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In fact, coal is so economically disastrous that the mainstream journal American Economics Review found that the electricity generated from coal actually does more damage to the economy than the electricity is worth. Grist’s David Roberts notes that “Coal-fired power is a net value-subtracting industry. A parasite, you might say. A gigantic, blood-sucking parasite that’s enriching a few executives and shareholders at the public’s expense.”

http://www.treehugger.com/energy-policy/true-cost-fossil-fuels.html

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