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

Support Films For Action

Films For Action empowers citizens with the information they need to help create a more just, sustainable, and democratic society.

We receive no government or corporate funding and rely on our supporters to keep us going. Donate today.

Trending Today
It Didn't Start With You: How Inherited Family Trauma Shapes Who We Are
Mark Wolynn8,521 views today ·
Dreaming Beyond Capitalism: a Culture Without Fear
Martin Winiecki4,119 views today ·
Changing How We Think About Change
Ash Buchanan2,775 views today ·
How Swedes and Norwegians Broke the Power of the ‘1 Percent’
George Lakey2,580 views today ·
8 Reasons Young Americans Don't Fight Back: How the US Crushed Youth Resistance
Bruce E. Levine2,122 views today ·
Six Habits of Highly Empathic People
Roman Krznaric1,888 views today ·
Why You Should Take Your Kids Out of School
Ben Hewitt1,723 views today ·
The Wisdom of Insecurity
Alan Watts1,487 views today ·
How Norway Avoided Becoming a Fascist State
George Lakey1,364 views today ·
Load More
Join us on Facebook
Where’s the Outrage Over Coal Boondogles?