There was a very interesting story in the Lexington Herald-Leader today that talks about the cost of coal purely in terms of tax dollars. According to a study by the Mountain Association for Community Economic Development (MACED), coal in 2006 sucked up $115 million more in tax money than it contibuted. According to the president of MACED, that is a conservative estimate because his organization did not take into account water pollution and health costs.
You can read the complete story here
Read the study online here.
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