Tag Archives: Finance

Union of Concerned Scientists

Urge Congress to support tax benefits that will unleash the power of private investment to make renewable energy even more competitive and create clean energy jobs.

Level the Playing Field for Renewable Energy

It is time for Congress to unlock billions of dollars of low-cost financing for clean energy by allowing renewables to be eligible for an important tax benefit that the oil, natural gas, and coal industries have had for decades.

Take Action Today!

A few months back, we wrote to ask for your support in leveling the playing field for clean energy. More than 27,000 UCS supporters like you responded by sending messages to Congress. Policy makers heard you and took action, adding their names as co-sponsors to bipartisan legislation that will give renewable energy access to the low-cost financing available to the fossil fuel industries. Now, the lead co-sponsor of the bill is asking for your help once again.
Urge Congress today to support a level playing field for clean energy.
Renewable energy has long been denied access to certain tax benefits and low-cost financing made available to the fossil fuel industry for decades. Bipartisan legislation now before the U.S. House and Senate will finally give renewable energy projects access—unlocking billions of dollars of low-cost financing for clean energy.
Let’s make sure Congress does not fail to seize this opportunity to ensure renewables compete on more even ground with fossil fuels. This should be a clean energy bill Congress can agree on.
Take Action Today!

Sincerely, Megan Rising Energy Campaign Manager Climate & Energy Program Union of Concerned Scientists

~ politics petitions pollution and pop culture

Who’s America’s biggest funder of dirty coal?

07/28/2011 Nativegrl77

Over the last few weeks, I’ve told you about toxic aging coal plants in Chicago, mountaintop removal mining threatening Kentucky’s highest peak, and coal export terminals proposed in the Pacific Northwest.

What do you think all these destructive coal projects have in common?

Follow the money—deep into Appalachia’s majestic mountains, through neighborhoods crowned with filthy smokestacks, and into homes of people affected by skyrocketing asthma rates—and you’ll land at the doorstep of America’s largest financier of coal: Bank of America.

No more dollars for dirty energy

Bank of America provided over $3.9 billion in financing to the coal industry in 2010, despite the fact that coal is responsible for polluting our air, damaging our climate, and seriously threatening our health.

Bank of America has a responsibility to end its support for the ultimate subprime investment: coal. BofA wreaked havoc on America’s housing market, and its prolific financing of carbon-heavy coal is a continuation of this reckless, shortsighted behavior.

No more dollars for dirty energy

We cannot grow the clean energy economy essential to healthy communities and climate if the country’s leading financial institutions continue to bankroll the coal sector.

We are going to need your outrage, your voice and your passion. No more dollars for dirty energy

It will take all of us, but this is a fight we can and must win.