Biden admin to end mining leases in the nation’s largest coal-producing region
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NEARLY HALF OF AMERICA’S COAL COMES FROM RIGHT HERE IN THE POWDER RIVER BASIN-
HELPING POWER ABOUT A FIFTH OF THE NATION.
BUT NOW – THE U-S GOVERNMENT IS GETTING SERIOUS ABOUT ENDING MINING IN THE REGION.
TAKING ITS BIGGEST STEP YET TOWARDS RETIRING THE INDUSTRY.
THE WHITE HOUSE SAID IT WILL NO LONGER OFFER NEW COAL LEASES.
LEAVING BILLIONS OF TONS OF THIS RESOURCE UNTAPPED.
THE 14 ACTIVE COAL MINES IN THE REGION WILL BE ALLOWED TO CONTINUE OPERATIONS FOR NOW, THOUGH THEY CANNOT EXPAND FURTHER.
AN ENVIRONMENTAL IMPACT STATEMENT FROM THE BUREAU OF LAND MANAGEMENT FOUND CONTINUED MINING WOULD HARM THE CLIMATE AND PUBLIC HEALTH.
NO OTHER SOURCE OF AMERICAN ENERGY IS DIRTIER THAN COAL-
WHICH IS PART OF WHY THE GOVERNMENT MOVED TO RESTRICT FURTHER MINING ACROSS ROUGHLY 13 MILLION ACRES OF LAND.
INDUSTRY GROUPS HAVE PUSHED BACK AGAINST THE DECISION, SAYING IT WILL COST PEOPLE JOBS AND THREATEN AMERICAN ENERGY SECURITY.
WE’VE COVERED THE ANTICIPATED SPIKE IN U-S POWER DEMANDS HERE AT STRAIGHT ARROW NEWS.
AND THESE INDUSTRY GROUPS SAY COAL IS STILL NEEDED TO MEET THE NEEDS OF DATA CENTERS AND OTHER POWER HUNGRY NEW TECHNOLOGIES.
THIS COMES ABOUT A MONTH AFTER THE EPA RELEASED THEIR OWN SET OF NEW GUIDELINES TARGETING COAL.
THE AGENCY’S RECENT RULE WILL REQUIRE ALL EXISTING COAL PLANTS TO EITHER SHUT DOWN OR CAPTURE 90 PERCENT OF THEIR EMISSIONS BY 20-39.
FURTHER REDUCING AMERICA’S POWER CAPACITY IN THIS SECTOR – AT A TIME WHEN SOME LAWMAKERS WARN THESE PLANTS MIGHT STILL BE A NECESSITY.
TO STAY UP TO DATE ON THE FUTURE OF COAL AND THE POWER DEMANDS OF THE U-S. DOWNLOAD THE STRAIGHT ARROW NEWS MOBILE APP.