Rep. McKinley Condemns Treasury Policy Blocking Coal for Poor Countries


Date: Nov. 1, 2013
Location: Washington, DC

Rep. David B. McKinley, P.E. (R-W.Va.) issued the following statement concerning the Treasury Department's new guidelines aimed at ending public financing of overseas coal-fired power plants under the Obama Administration. The guidelines are in the Climate Action Plan that President Obama outlined in June in which low-carbon or no-carbon plants will be given "full consideration' before building a new coal-powered plant.

"Coal is the most economical way to produce electricity but the Obama Administration is now taking steps to take that possibility away from developing countries around the world," said McKinley. "With nearly 20 percent of the world's population living with no access to electricity and billions more with inadequate access, this policy will limit the ability of billions of people in developing countries to emerge from poverty."

"This pick-and-choose policy at the discretion of the Treasury Department will deprive billions of people access to affordable electricity," added McKinley. "The U.S. should not be denying this option to poor countries."

"Americans are fortunate to live in a country where we have electricity whenever we need it and that is wealthy enough to subsidize alternative forms of energy," said McKinley. "Instead of limiting energy choices and dictating to poor countries based on an anti-coal ideology, this Administration should be promoting the use of clean coal technology across the globe."