Tax Free Coal

Activists want to end tax free financing of coal plants.

CHICAGO (Reuters) - Environmental activists and others are opening a new frontier in their fight against coal-fired power plants by questioning the use of tax-exempt bonds to help fund such projects.

New York City Comptroller William Thompson earlier this month called on the U.S. Treasury Department to investigate tax-free bond use in financing the plants. He cited the potential for expensive regulatory changes aimed at curbing greenhouse gases, the escalating cost of coal and subsequent risks to investors and taxpayers.

How about tax free bonds for solar and wind.