Where’s the Outrage Over Coal Boondogles?
Where’s the Outrage Over Coal Boondogles?
By Films For Action / earthjustice.org
Feb 4, 2012

While much has been made of the $535 million loan guarantee made to the failed Solyndra Corporation in 2009 to encourage alternative energy, you may have missed the court decision this week, halting expansion plans for a Kansas coal plant facing similar problems.

The ruling underscores how deadbeat coal plants can be even more costly for taxpayers.

Back in 1980, Sunflower Generation Corporation in Kansas received $543 million in federal loans and loan guarantees (taxpayer money). Like Solyndra, they were not able to pay that money back. So they arranged deals with the federal government to “restructure” the loans, multiple times. Sunflower was unable to repay taxpayers due to financial strain related to over-built Holcomb I, the existing coal plant Sunflower owns.

Sunflower now charges ahead with plans for an even bigger facility. The proposed multi-billion dollar, 895-megawatt coal-fired power plant expansion is designed to serve the western grid through a deal with Colorado-based Tri-State Generation and Transmission Association. Kansas gets the pollution, Colorado gets most of the power.

Fans of unEarthed may remember the outrageous backroom deals attempted by Kansas coal-boosters to get this project built.

0.0 ·
0
Trending Today
What Makes Call-Out Culture So Toxic
Asam Ahmad76,875 views today ·
The Top 100 Documentaries We Can Use to Change the World
Films For Action9,032 views today ·
I Promise, It's Not Lame to Ask a Woman for Permission
Dave Booda6,475 views today ·
Caitlin Moran's Posthumous Advice for Her Daughter
Caitlin Moran3,636 views today ·
John Pilger on ISIS: Only When We See the War Criminals In Our Midst Will the Blood Begin to Dry
John Pilger3,344 views today ·
On the Wildness of Children: The Revolution Will Not Take Place In The Classroom
Carol Black3,241 views today ·
Paramedic's Response to "Burger Flippers" Making an Equal $15/Hour is Beautiful
Craig Carilli2,243 views today ·
John Lennon's "Imagine," Made Into a Comic Strip
John Lennon. Art by Pablo Stanley778 views today ·
Every Town Needs a Remakery
Jeremy Williams767 views today ·
Load More
What's Next
The Permaculture Concept (1989)
53 min
The Panama Deception (1992)
92 min
The US Drug War on Colombia (2005)
56 min
Like us on Facebook?
Where’s the Outrage Over Coal Boondogles?