by Chris White CNBC corrected Tesla CEO Elon Musk Monday after he falsely claimed in a tweet that the coal industry receives more government handouts than renewable energy companies. Musk, who owns more than 20 percent of Tesla, tweeted out a response to comments made by Murray Energy CEO Robert E. Murray made on “Squawk Box” suggesting…
By Michael Bastasch Some 1,600 coal miners lost their jobs in May, according to new federal employment data, and that’s not a good thing for Democrats looking to secure support from coal country. America’s coal industry has already shed 12,500 jobs since May 2015, according to the Bureau of Labor Statistics, and industries supporting mining jobs…
Andrew Follett America shut down enough coal power plants last year to blackout Great Britain, according a report published by pro-industry Institute For Energy Research (IER), citing data from The Sierra Club. The total amount of electrical power generation going offline in America is equivalent to blacking out the entirety of the United Kingdom. American coal use has…
By Chris White Presidential candidate Hillary Clinton apologized Monday for saying in March that she would put coal mines “out of business” after being confronted by a former West Virginia coal miner. The former secretary of state called the comments a “misstatement” during her coal country campaign ahead of Kentucky’s May 17 Democratic primary election. Clinton is…
By Chris White Sen. Rand Paul says Democratic presidential candidate Hillary Clinton should apologize to Kentucky coal miners for saying she will put them out of work after a report came out showing the state is hemorrhaging coal mining jobs. The former secretary of state is making her way across Ohio, West Virginia and Kentucky to…
Michael Bastasch Coal mines shed more than 11,000 jobs in the last year, according to recently released employment data, as the industry continues to contract under onerous federal regulations and faltering demand. Bureau of Labor Statistics reports there were around 56,700 coal miners employed across the U.S. as of March 2016, which is down about…
Michael Bastasch The Environmental Protection Agency (EPA) is adamant its signature regulation to fight global warming is legally sound in the face of a major legal blow by the U.S. Supreme Court earlier this week, but the agency hasn’t always been so confident in its authority to force states to stop burning coal. Audio…
Andrew Follett Greenpeace began taunting Democratic candidate former Secretary of State Hillary Clinton on Twitter Wednesday for declining to sign a pledge which would have prevented her from accepting campaign contributions from the coal, oil or natural gas industries. .@HillaryClinton it’s not to late to sign the pledge and reject fossil fuel money! https://t.co/1bKjzjYCnW https://t.co/eoyZcAmd9N — Greenpeace…
Chris White Canadian Prime Minister Justin Trudeau told actor Leonardo DiCaprio at the World Economic Forum last week to tone down his “inflammatory rhetoric” on man-made global warming. Trudeau, the head of the Canada’s Liberal Party, told the Oscar-nominated actor his anti-coal claptrap is not particularly helpful for people who have lost their jobs…
Michael Bastasch President Barack Obama’s decision to put a moratorium on new coal mine leases could end up costing Americans billions of dollars as more federal lands are locked up. Instead, if Obama could have generated nearly $88 billion of economic activity from opening more federally-controlled lands to coal mining, according to a recent study…