Coal Costs the US $62 Billion in External Costs –
NRC Report
October 28th, 2009
Last week the National Research Council (part of the National Academy of Science) released a report that the US Government commissioned back in 2005 to find the true cost of our energy titled, “Hidden Costs of Energy: Unpriced Consequences of Energy Production and Use.”
The quick and dirty: Our energy production and use in 2005 cost us $120 billion in externalities, over half of which, $62 billion, come from coal.
