Coal is burned to generate power. It is commonly thought that massive amounts of coal are burned because it is cheap. The actual price of coal is much more than what it is actually purchased and sold for. The cost we’re referring to is related to the effects of burning coal on people’s health and the environment. The resulting consequences from burning coal costs over half a trillion dollars every year in the United States. That means each individual person living in the United States is responsible for $1500 of that cost to the environment and their health every single year. These numbers were derived from the results of climate change, including negative effects to the public health from sulphur dioxide, nitrogen oxide, mercury, and other emissions and toxins. Other reasons for the high costs include accidents that occur during transporting coal, government subsidies, the public health cost in regions that have coal mining, and the decline in value of the land near abandoned coal mines. This substantial impact makes other sources of energy that are renewable and clean like solar power much more appealing than burning coal, not to mention cheaper.
The subsidies aspect of fossil fuels is one of ...