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Killing Coal: The Obama Administration’s Intentional Assault On An Industry

Expose Obama Opinion

Between 2008 and 2012, the Wall Street Journal (WSJ) reports, 50,000 coal jobs were lost.

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Since moving into the White House, President Obama has used bureaucratic weapons and administrative agencies to assault America’s coal industry. Between 2008 and 2012, the Wall Street Journal (WSJ) reports, 50,000 coal jobs were lost—that number would certainly be much greater today. West Virginia has been hit particularly hard with unemployment rates in double digits. Addressing the job losses, the Charleston Gazette-Mail blames the “liberal environmental policies that have accelerated coal’s decline”—which it says have left “hard working men and women” jobless.

In addition to the job losses, Obama’s policies have “helped spur the closing of dozens of coal plants across the country,” according to Politico. The November 2015 report states: “More than one in five coal-related jobs have disappeared during Obama’s presidency, and several major U.S. coal mining companies have announced this year that they would or may soon seek bankruptcy protection.”

On Monday, January 11, Arch Coal became the biggest domino to fall when it filed for bankruptcy. Arch follows Walter Energy, Alpha Natural Resources, and Patriot Coal Corp.—all of which filed for bankruptcy in 2015. James River Coal went bankrupt in 2014. The WSJ says: “Over a quarter of U.S. coal production is now in bankruptcy, trying to reorganize to cope with prices that have fallen 50% since 2011.” As a result, a “record number of mines are for sale,” and remaining workers are receiving lower wages. In hard-hit West Virginia, starting wages have been cut 50 percent in the past few years, from around $40 an hour to $20.

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CNN Money states: “Since Obama took office in January 2009, shares of many coal companies have plummeted more than 90%.”

The Obama administration’s latest stab at killing coal is Friday’s announcement of a federal-lands-leasing moratorium for coal mining. Bloomberg reports that “about 40 percent of U.S. coal now comes from federal land.” The announcement came just days after Obama’s State of the Union Address pledge “to change the way we manage our oil and coal resources, so that they better reflect the costs they impose on taxpayers and our planet.” In short, the plan is to halt federal leasing while the Department of Interior completes a “Programmatic Environment Impact Statement” that the agency says it can complete in three years—though government projects are seldom completed on schedule. The years-long process will include public review and participation under the National Environmental Policy Review Act. As a result, it is expected that companies will have to pay more to mine coal on public lands.

While mining can continue under existing leases, and the pause will likely have minimal impact as interest in leasing has declined with many government lease sales only having a single bidder, it sends a clear signal regarding administrative assassination. Addressing Friday’s announcement,…

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 if the watchman sees the sword coming and does not blow the trumpet, and the people are not warned, and the sword comes and takes any person from among them, he is taken away in his iniquity; but his blood I will require at the watchman’s hand.

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