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Elon Musk Slams Coal Baron: Challenges Him to 'Go to Zero' With Taxpayer Subsidies
In Elon Musk's "Master Plan Part Deux," he writes, "Given that we must get off fossil fuels anyway and that virtually all scientists agree that dramatically increasing atmospheric and oceanic carbon levels is insane, the faster we achieve sustainability, the better."Flickr
Musk, who is fully venturing into the renewable energy sector with his proposed SolarCity merger, also brought up the enormous subsidies the coal industry receives. He suggested that both companies compete without any taxpayer help.
"How about we both go to zero?" Musk tweeted.
The beef started when Murray appeared on CNBC's Squawk Box on Monday and accused Tesla of taking $2 billion from taxpayers and yet "has not made a penny yet in cash flow."
"Tesla is a fraud," Murray ranted.
ardent Donald Trump supporter, said that Tesla benefits from subsidies from energy policies supported by Hillary Clinton. According to Murray, the Democratic presidential nominee is "supporting her friends," or wealthy individuals such as Musk, Warren Buffett and the Pritzkers, with subsidies that have "nothing to do with supporting the environment."
Murray then threw in his two cents about coal's effect on climate.
"By the way, you could close down every coal-fired plant in the United States today, and you would not affect the temperature of the Earth at all," he said.
not the first time Musk has attacked fossil fuel subsidies. In May, he urged people "to revolt against the propaganda of the fossil fuel industry which is unrelenting and enormous."
"The fundamental issue with fossil fuels is ... every use of fossil fuels comes with a subsidy," Musk said.
The Tesla honcho said that cheap oil and gasoline prices not only prevent drivers from switching their gas-guzzlers to electric cars, it also deters the fight against climate change.
CNBC pointed out that renewables actually get far more direct federal financial support for electricity production:
"In 2013, electricity production and federal utilities that rely on coal received $1.08 billion in direct cash outlays through federal programs, tax benefits, research and development funding, loans and guarantees, the [Energy Information Administration] found. That amounted to 6 percent of such funding. In the same year, electricity production from renewables received $15.04 billion in funding from the same sources—or 72 percent of federal support of that kind. Wind accounted for about 39 percent of the renewables subsidies, and solar attracted 35 percent."
Still, it's no surprise that Murray, the founder of the largest privately held coal company in the U.S., is speaking out against energy alternatives. Murray has filed multiple lawsuits against the U.S. Environmental Protection Agency over carbon regulations that he said would permanently destroy the coal industry.
Bloomberg wrote, "seismic changes in energy policy and competition from natural gas have pummeled coal miners, leading to bankruptcies and record production cuts ... Murray Energy announced earlier this summer that it was considering cutting more than 4,000 jobs, accounting for about 80 percent of its workforce, amid weak coal prices."
Here he is on Fox Business railing against Clinton's energy policies.
EcoWatch Daily Newsletter
By Julia Conley
Scientists at the United Nations' intergovernmental body focusing on biodiversity sounded alarms earlier this month with its report on the looming potential extinction of one million species — but few heard their calls, according to a German newspaper report.
The climate crisis is a major concern for American voters with nearly 40 percent reporting the issue will help determine how they cast their ballots in the upcoming 2020 presidential election, according to a report compiled by the Yale Program on Climate Change Communication.
Of more than 1,000 registered voters surveyed on global warming, climate and energy policies, as well as personal and collective action, 38 percent said that a candidate's position on climate change is "very important" when it comes to determining who will win their vote. Overall, democratic candidates are under more pressure to provide green solutions as part of their campaign promises with 64 percent of Democrat voters saying they prioritize the issue compared with just 34 percent of Independents and 12 percent of Republicans.
President Donald Trump has agreed to sign a $19.1 billion disaster relief bill that will help Americans still recovering from the flooding, hurricanes and wildfires that have devastated parts of the country in the past two years. Senate Republicans said they struck a deal with the president to approve the measure, despite the fact that it did not include the funding he wanted for the U.S.-Mexican border, CNN reported.
"The U.S. Senate has just approved a 19 Billion Dollar Disaster Relief Bill, with my total approval. Great!" the president tweeted Thursday.
"There was a lot of devastation throughout the state," Governor Mike Parson said at a Thursday morning press conference, as NPR reported. "We were very fortunate last night that we didn't have more injuries than what we had, and we didn't have more fatalities across the state. But three is too many."
georgeclerk / E+ / Getty Images
By Jennifer Molidor
One million species are at risk of extinction from human activity, warns a recent study by scientists with the United Nations. We need to cut greenhouse gas pollution across all sectors to avoid catastrophic climate change — and we need to do it fast, said the Intergovernmental Panel on Climate Change.
This research should serve as a rallying cry for polluting industries to make major changes now. Yet the agriculture industry continues to lag behind.