Coal Mining Industry and Coal Mining Companies Under Pressure WASHINGTON, Aug. 11 /PRNewswire-USNewswire/ -- The coal mining industry and coal mining companies are under increasing pressure from a variety of fronts.
Coal industry advocates thought they'd dodged a bullet when cap- and-trade energy legislation stalled and ultimately died in the U.S. Senate last year. Now, however, the embattled industry is potentially facing new air and water quality regulations from federal agencies such as the Environmental Protection Agency and Office of Surface Mining Reclamation and Enforcement.
According to the report, The coal mining industry is subject to numerous regulations as a result of national and state public policy.
WASHINGTON - The headline news for the coal industry in 2010 was what didn't happen: Construction did not begin on a single new coal- fired power plant in the United States for the second straight year. This in a nation where a fleet of coal-fired plants generates nearly half the electricity used.
The coal industry has been a major force in keeping West Virginia out of a recession but the industry's - and state's - fortunes may be about to change. West Virginia's exports soared 43 percent in the first six months of 2011 to $4.4 billion, led by coal, which accounted for $2.6 billion of the total. Most exported coal is metallurgical or coking coal, which is used to make steel. It commands a much higher price than steam coal, which is used to make electricity.
... stocks hammered after they disclose bad news. From a larger perspective, the newspaper noted th...
A group organizing this week's march on Blair Mountain alleges coal industry intimidation is behind the group's difficulties in finding camping places along the route. Owners and operators of both private and public campsites in Boone, the largest coal-producing county in West Virginia, are being pressured and intimidated by the coal industry in an effort to inhibit the march," according to a statement issued Wednesday by Appalachia Rising.
The U.S. coal industry needs to adopt more effective dust- control measures and comprehensive monitoring for explosive gases to avoid disasters like the one that killed 29 miners a year ago at Massey Energy's Upper Big Branch Mine, an independent investigator said Thursday. Davitt Mc-Ateer, a longtime safety advocate who leads an independent team of experts, also said that criminal mine-safety statutes need to be broadened and federal regulators need to abandon closed-door investigations after major accidents.
It seems the coal industry's days as the primary fuel for electric power plants in this country are numbered. If coal can't be burned without polluting, environmentalists rage against it. But if the government requires that coal be burned cleanly, it has become apparent that utilities won't pay the costs and their customers can't afford it.
Key players in the coal industry voiced contrasting opinions Thursday about a federal proposal that would eventually require alarm systems to warn miners when they get too close to underground mining machinery. The U.S. Mine Safety and Health Administration says 33 miners have died and another 220 have suffered injuries since 1984 when they were struck, pinned or crushed by continuous mining machines. These large, remote-controlled devices wield a rotating drum that can scrape several tons of coal from a seam per minute with rows of saw-like teeth.
The coal industry has been harshly criticized in recent years over the mining process known as "mountaintop removal. Environmental critics have gotten all the attention and given mountaintop removal a bad rap. Nobody has explored its many benefits.
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