Billions of Taxpayer Dollars a Year Spent in Support of Coal Industry
By Dylan Lenzen Despite recent efforts by the federal government, such as the EPA’s Clean Power Plan, to phase out one of the dirtiest forms of energy generation in coal power plants, a new report shows the US government still provides ample financial support to the coal industry by spending billions of taxpayer dollars on subsidies. According to this recent report, the US government subsidizes the coal industry to the tune of $2.9 billion a year in the Powder River Basin alone. These subsidies come in the form of direct