St. Louis City is set to consider Board Bill 73, which would provide up to $50 million dollars in tax breaks for Peabody Coal, one of the leading fossil fuel dinosaurs and climate change deniers in the country. At a time when the city is struggling for cash and talking about cutbacks and layoffs, could this possibly be a good idea? Here's a letter that Climate Action St. Louis sent to Mayor Slay:
Ms. Green,There's a rally scheduled for this Friday for those interested in opposing this bill.
I appreciate your staff member meeting with us earlier today regarding our concerns over Board Bill 73. As we said, we have some real concerns about the adverse consequences that this bill will inevitably bring about, and feel that the bill is being expedited without due process, as evidenced by the facts that the sponsor of the bill, Alderperson Young, had not read the cost/benefit analysis of the bill when we met with her today, and that the St. Louis Public Schools (SLPC), has not analyzed the financial impacts which this bill will have on their work. We also feel that adverse impacts on the environment which are facilitated by the extraction, production, and combustion of coal are fundamentally inconsistent with the U.S. Conference of Mayors Climate Protection Agreement which Mayor Slay has signed, as well as the keynote address which he delivered at the 350 International Day of Climate Action on October 24, 2009.
We believe that in light of this lack of communication and consideration, the virtue of prudence requires that this bill be tabled until all concerned parties have been made aware of the bill, and have had a chance to review and consider all of itsimplications. Toward that end, please find a list of our concerns regarding Board Bill 73 attached to this email. If you have any questions, please do not hesitate to contact us.
Related: Earlier in the year, Peabody Vice President of Government Relations was schooled by the Sierra Club's Bruce Nilles in a debate at Washington University.