The Coal Industry's $47 Million PR Spending Spree

But for all their expensive efforts to sell the public on the wonders of clean coal, ACCCE isn't working quite as hard to make the technology a reality. The coalition's members have committed the comparatively paltry sum of $3.6 billion to research the technology between 2003 and 2017, according to an April report from the Center for American Progress. That's just $257 million on average each year to develop the technology to capture and sequester carbon. To put that in perspective, ACCCE's members made a combined total of $297 billion in profits between 2003 and 2008—meaning, as the report notes, that they're spending less than two cents on clean coal research for every $1 of profit.
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  1. written by kladner since 80 days 14 hours 50 minuteskladner
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