Today, America’s seniors across the nation are at risk and the 60 Plus Association is standing up for them.
A lawsuit led eleven Republican Attorneys General threatens to undermine affordable energy by targeting the coal industry – the very backbone of American energy reliability for decades. The states signed on are: Texas, Alabama, Arkansas, Indiana, Iowa, Kansas, Missouri, Montana, Nebraska, West Virginia, and Wyoming.
What’s at Stake?
- Affordable Electricity: Seniors have seen some relief, with energy bills only rising $3 per month between 2022 and 2023. And in 2024, U.S. wholesale electricity prices were lower and less volatile.
- Thousands in Savings per Household: Thanks to the shift change from coal to natural gas, consumers saved $1.6 trillion, or about $3,500 in savings per household.
- Reliable Energy Access: Seniors – who typically spend more time at home and often face higher utility needs – need reliable and dependable access to energy.
The Reckless Lawsuit Could Change Everything
Filed in late 2024, this lawsuit accuses asset managers of colluding to reduce coal production. If successful, it could force major investors to pull support from coal – threatening the infrastructure investments that keep energy reliable and affordable.
This legal move stands in direct opposition to President Trump’s American Energy Dominance Agenda, which has:
- Cut energy regulations,
- Boosted natural gas and coal production,
- And delivered real savings to American families.
Seniors Can’t Afford Higher Energy Costs
This lawsuit will not lower energy prices; if anything, it could raise them by choking off investment and slowing down the development of vital infrastructure.
Seniors across the country have benefitted from common-sense, all-of-the-above energy policies. We must protect those gains – and reject politically motivated lawsuits that threaten our energy future.
Tell Attorney General Bailey: End the Lawsuit. Protect Affordable Energy for Seniors!
Conservatives have spent years warning about the dangers of ESG or environmental, social, and governance investing, and its creeping influence over America’s energy and financial sectors. But in the effort to push back, we must be careful not to adopt the tactics or achieve the goals of the very ideology we have long opposed.
