Trump Signs H.J. Res. 38... coal is back !!! ... a West Virginia video...
- Thread starter WVU82_rivals
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Don't hold your breath - natural gas is cheaper and cleaner. And WV coal is getting too expensive to mine. Coal mining keeps having ups and downs. For the last 50 years every successive peak had been lower than the peak before it and the next peak will be lower then the last one.
Coal is never coming back. Ever. The market has already decided this. It has nothing to do with bureaucratic regulation or the dreaded EPA. Other forms of energy are preferred by the market. This is capitalism at work.
If West Virginia is smart (which no one in Charleston is) they'll do everything they can to entice more natural gas companies to come in. They can't at the moment, because the price of NG is too cheap to incentivize more fracking, but that won't stay like that forever. As more NG is used, the supply will shrink and more drilling will happen. West Virginia's energy future is natural gas.
If West Virginia is smart (which no one in Charleston is) they'll do everything they can to entice more natural gas companies to come in. They can't at the moment, because the price of NG is too cheap to incentivize more fracking, but that won't stay like that forever. As more NG is used, the supply will shrink and more drilling will happen. West Virginia's energy future is natural gas.
Just wonderful and congratulations to all the miners and to the Great State of West Virginia! I hope this brings back the jobs they so desperately need. Well Done!
I did not realize that he had West Virginia miners in attendance at his press conference. Again, the bigger issue is going to be the clean air act which was ruled unconstitutional and is being fought out before the Supreme Court. Obama was obviously supporting the EPA regulations and Trump has announced that his administration won't. This will likely reopen some coal fired plants that have been shuttered.
We'll see how the market reacts when the POTUS and EPA isn't actively trying to drive up the price of coal and drive down the price of so-called renewables.
There is a chance that coal could be dead, especially since they shut down most of the mature coal plants who had already paid their capital costs--they were by far the cheapest form of electricity.
But your certainty that coal can't come back simply isn't warranted. We'll see how coal does under Trump.
Frankly I don't think any poster on the board understands the total economics of electric power generation. You're exactly right regarding the capital costs of these plants being a considerable factor. The price of the commodity, while important, is not the biggest issue. I'm not sure many know that there are a number of power plants across the country that have call mines located very, very close to the power plant.
EPA regulations tilted the industry in favor of renewables and natural gas. We will now let the market work and utilities decide on which power source is best for them.
The White House
Office of the Press Secretary
For Immediate Release
February 16, 2017
President Trump: Putting Coal Country Back to Work
LETTING COAL COUNTRY WORK AGAIN:Today, President Donald J. Trump signed legislation (House Joint Resolution 38) to stop the costly “Stream Protection Rule” from further harming coal workers and the communities that depend on them.
Office of the Press Secretary
For Immediate Release
February 16, 2017
President Trump: Putting Coal Country Back to Work
LETTING COAL COUNTRY WORK AGAIN:Today, President Donald J. Trump signed legislation (House Joint Resolution 38) to stop the costly “Stream Protection Rule” from further harming coal workers and the communities that depend on them.
- H.J. Res. 38 blocks an overly burdensome regulation from harming the coal industry.
- The regulation was expected to reduce coal production, leading to fewer coal jobs across the country.
- The blocked regulation threatened the coal industry with millions of dollars in compliance costs.
- Complying with the regulation would have put an unsustainable financial burden on small mines, most of which are in the Appalachian Basin.
- The blocked regulation would have duplicated existing regulations already in place to protect Americans.
- Since January 2009, the coal mining industry has lost over 36,000 jobs without any relief in sight.
- From 2009 to 2015, coal production declined by over 177,000,000 tons across the country.
- From 2009 to 2015, over 600 coal mines closed.
- November 21, 2016, the Trump-Pence Transition Team pledged to “end the war on coal” and review harmful regulations created under the Obama Administration.
- September 22, 2016, then-candidate Donald Trump called out harmful coal regulations: “I will rescind the coal mining lease moratorium, the excessive Interior Department stream rule, and conduct a top-down review of all anti-coal regulations issued by the Obama Administration.”
- August 8, 2016, then-candidate Donald Trump pledged to the American people: “We will put our coal miners and steel workers back to work.”
- President Trump has required that for every new Federal regulation, two existing regulations be eliminated.
- President Trump has placed a moratorium on all new regulations by executive departments and agencies that are not compelled by Congress or public safety.
- President Trump directed the Commerce Department to streamline Federal permitting processes for domestic manufacturing and to reduce regulatory burdens on domestic manufacturers.
- President Trump signed an Executive Order expediting the environmental review and approval processes for domestic infrastructure projects.
- President Trump signed legislation to eliminate a costly regulation that threatened to put domestic extraction companies and their employees at an unfair disadvantage.
- President Trump directed the Secretary of the Treasury to conduct a full review of the Dodd-Frank Wall Street Reform and Consumer Protection Act to ensure associated, burdensome regulations receive proper scrutiny.
- President Trump ordered re-examination of the Department of Labor’s fiduciary rule, to make certain that it does not harm Americans as they save for retirement.
Funny thing is that those libtards up in arms about this don't realize that Obamas stream protection rule never went into effect - my understanding. So posting pics of orange colored streams is yet another example of fake newss
It went into effect on January 19th, 2017. And it only required a 100 foot buffer between mining and streams. A huge stretch to claim it will save 1/3 of all mining. So, how was it "killing coal"?
I never said it would kill coal - I'm laughing at people that post pictures of orange colored streams as a propaganda tool. I read somewhere the other day that WV streams are in the best shape they have ever been in yet people act like this stream protection rule was the reason why...and it never went in effect.