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Awaiting Trump's coal comeback, miners reject retraining

By Feux Follets following x   2017 Nov 1, 5:18pm 446 views   6 comments   watch   sfw   quote     share    


When Mike Sylvester entered a career training center earlier this year in southwestern Pennsylvania, he found more than one hundred federally funded courses covering everything from computer programming to nursing. He settled instead on something familiar: a coal mining course.

”I think there is a coal comeback,” said the 33-year-old son of a miner.

Despite broad consensus about coal’s bleak future, a years-long effort to diversify the economy of this hard-hit region away from mining is stumbling, with Obama-era jobs retraining classes undersubscribed and future programs at risk under President Donald Trump’s proposed 2018 budget.

Trump has promised to revive coal by rolling back environmental regulations and moved to repeal Obama-era curbs on carbon emissions from power plants.

“I have a lot of faith in President Trump,” Sylvester said.

But hundreds of coal-fired plants have closed in recent years, and cheap natural gas continues to erode domestic demand. The Appalachian region has lost about 33,500 mining jobs since 2011, according to the Appalachian Regional Commission.

Although there have been small gains in coal output and hiring this year, driven by foreign demand, production levels remain near lows hit in 1978.

http://www.reuters.com/article/us-trump-effect-coal-retraining-insight/awaiting-trumps-coal-comeback-miners-reject-retraining-idUSKBN1D14G0




More evidence of coal's challenges came on Tuesday as Armstrong Energy, a western Kentucky coal company, filed for bankruptcy protection.

Armstrong Energy is the first coal company to succumb to bankruptcy since Trump was elected nearly a year ago, according to the Institute for Energy Economics and Financial Analysis, an environmentally focused research group.

It joins a long list of coal companies that have collapsed due to plunging demand caused mostly by cheap natural gas.

http://www.kerngoldenempire.com/news/business/first-coal-bankruptcy-of-trump-era/849249729




#CoalJobs #WaitingForMAGA #TrumpPromises
1   Strategist   ignore (1)   2017 Nov 1, 7:01pm   ↑ like (0)   ↓ dislike (0)   quote        

Feux Follets says
When Mike Sylvester entered a career training center earlier this year in southwestern Pennsylvania, he found more than one hundred federally funded courses covering everything from computer programming to nursing. He settled instead on something familiar: a coal mining course.

”I think there is a coal comeback,” said the 33-year-old son of a miner.


Very foolish decision. Coal is uneconomical compared to natural gas and alternative fuels, and that is the deciding factor that shuts down coal fired plants.
Trump may favor coal for now, but he cannot change the laws of economics.
2   Roidy   ignore (1)   2017 Nov 1, 9:18pm   ↑ like (0)   ↓ dislike (0)   quote        

Gentle Reader,

Coal comeback? Took a coal course, and ignored some excellent retraining courses?

Typical.

Regards,
Roidy
3   just_passing_through   ignore (0)   2017 Nov 1, 10:40pm   ↑ like (0)   ↓ dislike (0)   quote        

Roidy says
Coal comeback? Took a coal course, and ignored some excellent retraining courses?


This is why we can't have nice things.
4   HEY YOU   ignore (7)   2017 Nov 1, 11:56pm   ↑ like (0)   ↓ dislike (0)   quote        

Just another dying breed.
5   APOCALYPSEFUCKisShostikovitch   ignore (30)   2017 Nov 2, 12:01am   ↑ like (0)   ↓ dislike (0)   quote        

TRUMPLIGULA! will punch a hole in the side of a mine and FUCK! IT! BACK! TO! LIFE!, using nothing but his IMPERIAL! LIFE! FORCE! and IRRESISTIBLE! MAN! POWER!

You'll see!
6   Roidy   ignore (1)   2017 Nov 2, 11:09am   ↑ like (0)   ↓ dislike (0)   quote        

APOCALYPSEFUCK_is_ADORABLE says
TRUMPLIGULA! will punch a hole in the side of a mine and FUCK! IT! BACK! TO! LIFE!, using nothing but his IMPERIAL! LIFE! FORCE! and IRRESISTIBLE! MAN! POWER!


Gentle Reader,

Will President Pouty Poo release some of his "Precious Bodily Fluids, Mandrake?"

Regards,
Roidy




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