climateandcapitalism.com
The Real Cost of Coal
Harvard Medical School: Using coal costs the U.S. hundreds of billions of dollars a year in health costs, environmental destruction and climate change One of the biggest frauds of our time is the myth of "clean coal." A new study by the Center for Health and the Global Environment at the Harvard Medical School shows that the hidden costs of mining, transporting, and burning coal amount to about $345 billion a year. If the industry had to pay the full cost of its product, the price of coal would triple. The report, published this month in the Annals of the New York Academy of Sciences, is based on the first detailed life cycle analysis study of coal, from mining through combustion. A summary has been published as a brochure, Mining Coal , Mounting Costs: The Life Cycle Consequences of Coal. "We estimate that the life cycle impacts of coal and the waste stream generated are costing the U.S. public a third to over one half a trillion dollars annually. Accounting for the damages