Hillary Clinton has promised to continue the Obama Administration’s carbon cleanse of the U.S. economy, which is proving to be politically toxic in coal country. So this week she rolled out a plan for government to rescue the coal miners who the government has put out of work.
Coal production nationwide has declined by about 15% since 2008. A Duke University study in April estimated that 50,000 coal jobs were lost between 2008 and 2012, with Appalachia, Utah and Colorado among the biggest victims. Unemployment in eastern Kentucky exceeds 8% and is in the double digits in southern West Virginia.
Shale fracking for natural gas has contributed to the carnage, but the Environmental Protection Agency has assisted by promulgating rules on mercury emissions and ash disposal. The Administration’s new Clean Power Plan will finish off the industry, which still accounts for about a third of U.S. electric generation and two-thirds in Ohio and Iowa.
Several coal companies are slouching toward bankruptcy, which could cause retirees and laid-off workers to lose health coverage. In May Patriot Coal filed for Chapter 11 for the second time in three years. Thousands of workers fear they’ll be forced into Medicaid or the ObamaCare exchanges.