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Rich and thin is passé. What’s hot now is rich and dirty.
Why is a smart energy and climate policy so elusive for this country? In three words — money, money, money.
The nation’s energy bill is now about a trillion dollars. That means the super-rich fossil fuel companies have enormous profits they can spend on lobbying to ensure their continued dominance. How much? Jeff Goodell has the answer here:
In the first quarter of 2008, Big Coal’s new front group, American Coalition for Clean Coal Electricity, spent a record-breaking $1.9 million in federal lobbying expenses. To put that in perspective, in the same period, the Solar Energies Industries Association spent all of $75,000….
Individual coal companies have been even more generous to our nation’s cash-starved policymakers:
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