Members Ask Rural Utility Service How it is Protecting Taxpayer Subsidized Loans from the Financial Risks of Climate Change Print

In a letter to the Rural Utilities Service, Chairman Waxman and Rep. Jim Cooper asked how RUS is addressing the financial risks of building new coal-fired power plants without emissions controls for greenhouse gases, when RUS provides taxpayer-subsidized loans for such plants. Failure to account for costs these plants may face for future carbon controls would put taxpayer dollars at risk.