Pat McGinley will be at the Baker Forum on Energy and the Environment Thursday, 25 October, 2012 3:30 PM - 5:00 PM

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metulj's picture

I had a student say that coal

I had a student say that coal was under attack and coal companies are going out of business. In these days of smart phones and google, he was disabused by his classmates.

jbr's picture

U.S. taxpayers poised to subsidize Asian coal demand

Coal has been running some aggressive commercials on TV.

From Reuters ..

Selling that coal cheap at a time of increasing exports across the Pacific could amount to a U.S. taxpayer subsidy for industrial rivals like China.

"A key question is whether the taxpayer is getting a fair return on the use of those lands," said Lynn Scarlett, who served as a deputy to two Secretaries of the Interior under President George W. Bush between 2005 and 2009.

The investigative arm of Congress, the Government Accountability Office, is examining whether miners are paying fair market value for coal on federal land.

U.S. taxpayers poised to subsidize Asian coal demand

WhitesCreek's picture

I wish there really were a

I wish there really were a war on coal...Really, I do.

Min's picture

Yes.

And we could come up with a clever name for it, like, say, the "Coal War" and fool some of those Reagan Republicans into supporting it.

gonzone's picture

Well, coal is dark so it may

Well, coal is dark so it may be Kenyan or Muslim or an illegal substance and probably belongs in prison ... I can see the right wingers getting behind logic like that!

smalc's picture

To be fair, the article

To be fair, the article linked above is nearly a year old. More recent articles from the same reporter are more doom and gloom.

As he points out, a 2008 to 2011 bump due to increased regulation will soon be erased due to steep decline in demand -and resulting decreased production. Not due to a war, but ridiculously cheap natural gas.

CE Petro's picture

2 Days After

the election, Coal Execs laid off workers, and blamed Obama.

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