Monday, January 4, 2010

Federal Energy Plan Gets Mangled in Congress

Coal-fired power plants are the largest source of heat-trapping gases that cause global warming, but President Obama's plan to fight climate change would result in the nation burning more coal a decade from now than it does today. The administration's plan, the centerpiece of a 700-page legislative package, proposes strict limits on emissions of greenhouse gases, such as carbon dioxide. But to attract vital support from congressional Democrats representing heavily coal-dependent areas, authors of the legislation have made a series of concessions that substantially soften its effect on coal, at least over the next decade or so. As a result, the Environmental Protection Agency projects that even if the emissions limits go into effect, the U.S. would use more carbon-dioxide-heavy coal in 2020 than it did in 2005. Despite their best intentions, the government has again come up short. When it got down to it, pork barrel considerations and home state interests were the determining factor in the eventual legislation.

That's because the bill gives utilities a financial incentive to keep burning coal by joining the cap-and-trade system -- a kind of marketplace where polluters could reduce their emissions on paper by buying pollution reductions created by others. These so-called offsets, for example, could be created and sold by farmers who planted trees, which filter carbon dioxide from the atmosphere.

Environmental groups also say the bill could set off a boom in the construction of new coal plants because of provisions that would restrict legal efforts to block such projects.

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