Thursday, May 8, 2008

Should the U.S. Invest In Tar Sands?

A year ago, Congress agreed that the federal government shouldn't be in the business of investing money into alternative fuel projects that produce fuels more polluting than oil and gas.
The provision prevents federal agencies from buying liquid coal, or oil from tar sands and oil shale projects, like the Alberta tar sands in Canada, which has been called "the most destructive project on Earth."

The government has already invested in coal-to-liquids technology, oil shale exploration and development and other suspect fuel sources. When most people hear "alternative fuel," they think of plant-based oils or hydrogen fuel cells, not coal or oil melted out of rock.

Congress is considering a repeal of that ban, known as Section 526, and environmental groups from across North America have sent letters to members of Congress urging them not to invest in dirty fuels.

Source: The Daily Green - Click here for the full article.

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