December 13th, 2010
Is regular coal not dirty enough for you? Meet liquid coal fuel! Destructive to mine, water-intensive to manufacture, devastating to our climate at every step of the way – liquid coal is one of the world’s dirtiest fuels. Liquid coal production emits twice as much global warming pollution as gasoline & requires at least four gallons of water per gallon of fuel produced.
Today the National Wildlife Federation has learned the Senate version of tax legislation includes subsidies for liquid coal fuels. Section 704 of the Senate tax bill as written right now would extend the Alternative Fuel Tax Credit to liquid coal, giving a 50-cent tax credit for each gallon of liquid coal sold or used in a fuel mixture. While many senators have fought to include important clean energy provisions in the the tax package, the National Wildlife Federation strongly opposes expanding alternative fuel tax credits to cover dirty liquid coal.