Posts Tagged "Coal Production"

“You will not be forgotten. The sacrifice and the danger, the songs and the tradition. They won’t be lost. You really did keep the lights on. We love you for it. But the jobs, and the future of coal mining, are a vanishing thing. Please, for your own sake and that of your nation, do the hardest thing ever—anything else.”

– from An open letter to America’s coal miners, and to America by former coal miner and mining executive Mark Sumner

Read more
“There were nearly 700,000 [coal] miners … in 1919. There were 450,000 when World War II began. There were fewer than 200,000 when Eisenhower took office. By 2000, that number was down to about 70,000. And it keeps falling. Coal will never again be the industry your fathers knew, or that you knew in your youth.”

– from An open letter to America’s coal miners, and to America by former coal miner and mining executive Mark Sumner

Read more
“Forget the songs. Ignore the banners. You don’t sell coal to ‘America.’ You sell it to Duke Energy, and Southern Company, and NRG and a few dozen others. That’s who buys coal. Only they’re buying less. And they’re going to keep buying less, until they’re buying none at all. Donald Trump isn’t going to change that.”

– from An open letter to America’s coal miners, and to America by former coal miner and mining executive Mark Sumner

Read more
“We will allow existing coal mines to continue operating, but new mining licenses will not be granted.”

– U Ohn Win, Myanmar’s Minister for Natural Resources and Environmental Conservation, on a decision by the government to stop issuing new coal mining licenses due to the harmful health effects. There are about 560 coal mines in the country.

Read more
“While we all continue to hope that the coal industry will rebound, that hasn’t happened quickly and it likely won’t ever return to the levels that we once saw.”

– Outgoing West Virginia Gov. Earl Ray Tomblin in his farewell speech.

Image: Gov. Earl Ray Tomblin via flickr Creative Commons license

Read more
“I’ve suggested to Mr. Trump that he temper his expectations. [Coal employment] can’t be brought back to where it was before the election of Barack Obama.”

– Murray Energy CEO Robert Murray on the less-than-optimistic prospects for coal to bounce back.

Read more
“Divestment is speeding up the clock on the final accounting that will show fossil fuels are out and clean energy is in.”

– Former Mobil Oil executive Lou Allstadt, quoted in The Guardian in reaction to a report by Arabella investment advisors showing that the value of investment funds worldwide that are committed to selling off coal, oil and natural gas assets has jumped to $5.2 trillion, doubling in just over a year.

screenshot-2016-12-20-11-32-30

Source: Arabella Investment Advisors

Read more
“I don’t think the Trump presidency will have a material impact on bringing coal miners back to work … I have a hard time seeing a surge in coal demand.”

– Ted O’Brien, a coal analyst at Doyle Trading Consultants, a leading energy industry research firm, as quoted in the New York Times

screenshot-2016-11-28-11-17-20

Read more
“In the five stages of grief, we’re past denial. Now we’re into anger, depression and bargaining — and the bargaining is trying to figure out what the new normal is and how to make this work.”

– University of Wyoming energy economics professor Robert Godby, quoted in a Bloomberg story on the impacts of the coal industry’s decline on his state.

Read more