Wednesday, June 26, 2013

WHITE HOUSE ADVISER: 'WAR ON COAL IS EXACTLY WHAT'S NEEDED'

WHITE HOUSE ADVISER: 'WAR ON COAL IS EXACTLY WHAT'S NEEDED'



“A war on coal is exactly what’s needed,” White House climate adviser Daniel P. Schrag told the New York Times.

Obama’s plan will crack down on emissions even further, give $8 billion in taxpayer money to fund loan guarantees for energy projects, and allocate $7 billion to finance foreign climate mitigation and adaptation projects, reports The Times.

National Mining Association President and CEO Hal Quinn said Obama’s anti-coal policy is wrongheaded, costly to the 76% of Americans living paycheck-to-paycheck, and will continue the already bleak jobs outlook in America.