Powering the Future
The Obama Administration and Congress must work together to establish a five-year “Bucks for Belchers” Program modeled on “Cash for Clunkers.” Half of our electricity and a third of our carbon dioxide emissions come from coal-fired power plants. “These coal fire plants are going to continue to operate for decades, even as our industry turns to carbon-free electric power generating technologies,” wrote Entergy Corporation CEO Wayne Leonard. “Once built, coal plants are, in most cases, the cheapest source of power generation.” Because our coal-fired power plants will be belching out CO2 for decades, we should implement a “Bucks for Belchers” program that will curb emissions from these plants and jump start our green economy.

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