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Senate rejects plan to subsidize coal-to-liquid
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Here is a news update on the fight against coal-to-liquid fuel. The Senate rejected Jim Bunning's amendments to provide subsidies to coal to liquid technologies. From the Lexington Herald-Leader:
"Supporters of the amendment on liquefied coal argued that coal is America's most abundant energy resource. "It would be downright foolish not to take advantage of this resource," said Senate Minority Leader Mitch McConnell, R-Ky.
A proposal by Sen. Jim Bunning, R-Ky., that would have required the use of 6 billion gallons of liquefied coal a year by 2022, was rejected, 55-39. A second measure that would have authorized $10 billion in federal loans to help build coal liquefaction plants, offered by Sen. Jon Tester, D-Mont., was turned back 61-33."
Read the full article here.