Tuesday, February 3, 2009

Arch Coal CEO talks up "clean coal" at Harvard lecture: Epic Fail

This rough week for coal continued yesterday, as Rising Tide Boston (RTB) acted in solidarity with those who took a stand at Coal River Mountain, earlier that day. Steve Leer, CEO of Arch Coal, the second largest coal supplier in the U.S., attempted to deliver a public lecture on "clean coal technology" at Harvard University last night. Not only was the crowd less than receptive to the coal baron's sad defense of coal, the final word was delivered by members of RT Boston.

The Arch Coal rep was a guest speaker in a special series of lectures entitled "The Future of Energy." As if its some sort of cosmic joke, the lecture series is funded by none other than Bank of America, the largest financial sponsor of coal extraction, and a predominant investor in Arch Coal. Not surprisingly, the lecture contained very little discourse on the feasibility of carbon capture, and served mainly as a defense for maintaining the status quo of centralized and dirty energy production (including nuclear!!!).

After a hour-long excretion of predictable arguments for keeping us addicted to dirty coal, the evening was ended with an enlightening Q&A session. Every single person in line at the mic made a critical comment as part of their question, the first being delivered by a young woman from the coal-fields of Kentucky, who brought attention to the conveniently overlooked issue of coal extraction in Appalachia.

You could almost see the CEO shrink in his cocoon of avoidance and denial, his voice dropping to near inaudible as he delivered each sidestepping non-answer. After getting nailed one question after another, a member of Rising Tide Boston got to ask the last "question," which ended, "...what gives us the right to gamble the future of civilization on a magic technology that doesn't exist?". Oh snap.


As he tried to control the damage, and fashion some sort of response, two other members of RTB walked to the front of the lecture hall and unfurled a banner which read, "The coal bubble is bursting - Clean Coal is a Dirty Lie," before proclaiming a list of statements on Arch Coal's investments in "every dirty energy practice in the country." (Note that the banner included both the Arch Coal logo, as well as Bank of America's.)

That was the end of the evening's failed attempt at disinformation. Don't quit your day job, Steve. No wait, quit your day job.

The whole debacle served as yet another blow to King Coal, a one-two punch after the morning's inspiring action at Coal River Mountain. And with the capital action and others across the country on the horizon, things are only heating up for Steve and friends. Rising Tide Boston isn't letting up on Bank of America either, and will continue to stick it to them come Valentine's day.



The press release, from the laptop of Rising Tide Boston:

Rising Tide Boston crashes talk by Arch Coal CEO

February 3, 2009

Boston, MA - Seven activists from Rising Tide Boston disrupted a lecture at Harvard University being delivered by Arch Coal CEO Steve Leer, who was speaking on the future of "clean coal" technology. The activists attempted to enlighten the coal baron and the lecture attendees on the true cost of coal extraction.

"Arch coal is participating in the destructive practice of mountaintop removal," says Tyler Kinser, a member of Rising Tide Boston. "How can coal ever be clean when entire communities are being poisoned and displaced by coal extraction?"

"This Harvard lecture series is funded by Bank of America, the single largest financial sponsor of mountaintop removal," said Kinser, "so it's no surprise that Harvard is hosting this lecture of disinformation on coal. We decided to balance out the lies." Bank of America has invested billions of dollars in Arch Coal, according to the website dirtymoney.org.

Read the full press release, here.

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