A Climate Catch-22: How a Carbon Tax Could Save Coal
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Here's coal's Catch-22: A tax on carbon dioxide emissions, which are driving global climate change, would raise the costs of coal-fired power, negating the fuel's price advantage over cleaner sources, like wind and solar power, and reduce its use.
On the other hand, a tax could provide the impetus for investing in technologies to capture and store carbon that have largely floundered in the marketplace. That could save coal.