STATEMENT
OF IBEW PRESIDENT EDWIN D. HILL
ON THE KERRY-EDWARDS PLAN FOR CLEAN COAL
The Kerry-Edwards plan for clean coal Americas
most abundant fossil fuel represents intelligent thinking about
the future of energy. It is a point-by-point plan for reducing
our reliance on foreign oil and recapturing energy independence at
home.
Coal in the United States is as versatile as it
is plentiful. With the right technology, this natural resource
can produce electricity, liquid fuels and hydrogen all in ways that
protect the environment. The Kerry-Edwards proposal for a 10-year,
$10 billion investment aims to test, develop and market coal plants
with zero emissions. Estimates are that the proposal will create
badly needed jobs for thousands of Americans.
Most importantly, the energy industry is lining
up behind this technology because it holds realistic promise.
Americas quest for homegrown fossil fuels has led the industry to
pursue domestic natural gas caches at great cost, leading to skyrocketing
market prices, and taxing the supply of a vital home heating source.
This Kerry-Edwards initiative is not only timely,
it is overdue. Oil prices have reached an all-time high.
And the instability in the Middle East lends urgency to the utilization
of our domestic resources.
In West Virginia four years ago, President Bush
promised to invest in other coal technologies. That promise
was not fulfilled. At the same time clean air rules greatly
increased the cost of electricity, contributing to manufacturing facilities
moving overseas.
The United States has more coal reserves than Saudi
Arabia has oil. The Kerry-Edwards plan reduces our consumption
of limited natural gas at home and oil from abroad. It shows
that with the right leadership and the necessary commitment to investment
and technology and our environment, clean coal is attainable.
The IBEW represents approximately 750,000 workers
in the United States and Canada working in utilities, construction,
telecommunications, manufacturing, railroad, broadcast and government.