Energy Dept. Said to Err on Coal Project

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The Bush DOE overestimated the cost of the test carbon sequestration plant by $500 million. Without that error, the technology might have been profitable, says the GAO. On such fuzzy math hangs our country's future. I don't know if clean coal exists, but clean math does. Also, let's untax their profit but heavily tax their resource/pollution use to incentivize them to clean up their act. If they still can't make it, shut 'em.

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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)