Coal Plays Essential Role in U.S. Economy
I hope that Trump and Pence do end the war on coal if elected, considering that just one coal company, Murray Energy, may soon have to lay off up to 4,400 coal miners in six states [Steve King endorses Trump, Pence at Sioux City rally, Aug. 9]. In fact, the entire U.S. economy will suffer if over-regulation drives coal out of your nation’s energy mix.
My home province of Ontario, Canada, was once an industrial powerhouse and home to thousands of well-paid manufacturing jobs. But we lost at least 300,000 manufacturing jobs in the last 15 years when companies either went bankrupt or left Ontario.
This happened largely because our electricity prices have increased 318 percent since 2002, giving us one of the highest rates in North America. The single most important cause for this staggering rise is, in the name of “stopping climate change,” we shut down all of our inexpensive coal plants, which, in 2002, provided about 25 percent of our electricity.
Things will likely be even worse for America if President Barack Obama’s climate policies are continued by the next administration. After all, the U.S. gets 33 percent of its power from coal (59 percent in Iowa).
Who will provide jobs if American businesses cannot rely on cheap and reliable electricity generated from coal?
See the article here.
- On August 12, 2016