Given the size and availability of U.S. coal reserves, the security of the domestic coal supply and the comparative economics of coal as a fuel, free market forces are operating to select and commercialize the most efficient and environmentally effective clean coal technologies. Federal subsidies could alter these market forces and adversely affect the development of competing technologies both within and outside the coal industry. In other words, if there are innovations to be made in the coal industry, they are much more likely to be made without the Federal Government's involvement.
Scott Klug: “Given the size and availability of U.S. coal reserves, the security of the domestic coal supply and the comparative…”
Editor's note · Context
Discussing the impact of federal subsidies on clean coal technology development.
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