Comment Re:Even according TFA, it doesnt add up. (Score 5, Insightful) 368
Dumping pollution into the environment is often cheaper, at least in the short term, than trying to avoid creating waste, or trying to dump the waste responsibly. Burning coal is cheaper because of this. If you factor in the costs -- acid rain, altering the chemistry of the air, acidification of the oceans -- coal is more expensive.
And, by reducing their fossil fuel imports Portugal has now insulated themselves from the vagaries of the energy market. The next time oil prices spike the US will be force to send crates of money to unfriendly regimes because the US is addicted to their oil. Portugal will thrive while the US stumbles.
Portugal is planning ahead. The US is hoping that it can continue to be profligate forever.
Money isn't necessarily a proxy for emissions. Often it is a proxy for human labor.