So far this year, the oil and coal corporations spent $427 million on lobbying Congress and advertising. Every one of those dollars could have gone to building oil refineries, which would increase the supply of oil and gas. Or they could have gone to carbon sequestration research. Instead, they went to ensuring our addiction to oil and coal would continue for years to come. Solutions to this problem are available.
Xcel Energy will relay potential costs of doing business once legislation is passed that accounts for climate change to shareholders.