Big coal is asking for massive subsidies to start a liquid coal industry in the U.S., which would not only greatly increase global warming pollution, but would also waste federal funds that could be used to invest in renewable energy and clean alternative fuels.
Liquid coal is a global warming nightmare: it produces double the carbon dioxide emissions of conventional gasoline and would be a huge step backward for efforts to combat global warming.
You'll hear the other arguments siding with this process. People for liquid coal will tell you it is highly efficient and cheap. But let no one full you; other technologies such as coal gasification and gas-to-liquids (GTL) are currently cheaper than coal liquefaction.
One other fact about liquid coal; it liberates radioactive elements higher than properly operated nuclear power plants.