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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFiled under, "That sure didn't take long:" WV's newly Republican governor asking for coal subsidies
And you know what? Trump is so insanely insecure, he'll probably do it just so he can say he helped out coal miners. This industry/way of life is dead...it's time to move on.
Governor Says Trump Interested in His Plan to Prop Up Coal Mining
West Virginia Governor Jim Justice said Donald Trump is really interested in his plan to prop up Appalachian mining by giving federal money to power plants that burn the regions coal.
Justice, a coal and real estate mogul elected governor last year as a Democrat, announced at a West Virginia rally alongside President Trump last week that hes becoming a Republican. Justice has recently spent a goodly amount of time" meeting one-on-one with Trump and has liked the feedback to his pro-coal proposal. The plan calls for the Department of Homeland Security to send $15 to eastern U.S. utilities for every ton of Appalachia coal they burn.
Hes really interested. He likes the idea, Justice said in a phone interview on Wednesday when asked about Trumps reaction. Naturally, hes trying to vet the whole process. Its a complicated idea.
In Justices eyes, the coal payments will be necessary because Trumps moves to roll back regulations on the Appalachian coal industry wont be enough to preserve it. The Appalachian coal sector has been shrinking for years as companies are forced to spend more money to access harder-to-reach seams of the fossil fuel. Meanwhile, competitors in regions including the Illinois Basin and Powder River Basin of Wyoming and Montana have much thicker coal seams that are cheaper to get to.
https://www.bloomberg.com/news/articles/2017-08-09/trump-is-said-to-be-really-interested-in-coal-payments
HAB911
(8,922 posts)Socialize costs, privatize profits
riversedge
(70,362 posts)Why should tax payers pay for WV coal?? why? It is a rhetorical question but reminds me of the "logic" Why should insurers who do not have abortions pay for those that do?
.....In Justices eyes, the coal payments will be necessary because Trumps moves to roll back regulations on the Appalachian coal industry wont be enough to preserve it. The Appalachian coal sector has been shrinking for years as companies are forced to spend more money to access harder-to-reach seams of the fossil fuel. Meanwhile, competitors in regions including the Illinois Basin and Powder River Basin of Wyoming and Montana have much thicker coal seams that are cheaper to get to.
Amishman
(5,559 posts)Make them build the plants in coal regions and require 50+% of all workers hired be former coal industry.
Add programs to train new skills and support families during the transition
We need something to replace the coal industry in these areas. The price in tax incentives is worth it when compared against the long term costs of regional economic collapse and the human price in pain and suffering.
Historic NY
(37,457 posts)converted to natural gas, its cleaner, less expensive, Trumpers are sure out pushing coal as the answer, I am amazed at the position papers pushing this.