One of the aspects of the Obama Administration has been the increase in the power of the Environmental Protection Agency. That increase in power and regulations is having an impact on the coal industry.
The article reports:
“Since the Obama administration has been in, things have been tough on the coal economy,” one West Virginia coal miner said. “It just keeps going downhill, and without it West Virginia will be one state that won’t make it.”
So if somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted.
…So if somebody wants to build a coal-powered plant, they can.
It’s just that it will bankrupt them.
It seems that this is one promise the President has kept.
CBN News reports:
Miners owners argue they can’t afford to make the necessary changes in the amount of time they’re given. That has resulted in layoffs or mines simply shutting down.
If you are naive enough to believe that this does not affect you, think again. Between one-third and half of America’s electricity comes from coal. If too many coal mines shut down, the amount of electricity available to Americans will decrease. Coal plants need to be given the amount of time they need to convert to clean coal. The Obama Administration’s coal policy is hurting jobs and will eventually hurt consumers of electricity.