Friday, April 06, 2018 2:10:05 PM
Second, here is your problem:
https://www.theguardian.com/environment/climate-consensus-97-per-cent/2017/oct/16/the-war-on-coal-is-over-coal-lost
Look at the "US Electricity Generation" graph.
You can talk about "clean coal" all you want, but natural gas does not leave coal ask residue- and that makes it cheaper and cleaner.
Those miners in West Virginia already know that coal has lost:
https://data.bls.gov/pdq/SurveyOutputServlet
Set the graph to analyze coal mining employment from 1985 to date and it becomes clear. As recently as the Reagan Administration, coal mining employment was three times what it is now. The long-term trend is downwards.
Trump's awesome "revival" has changed employment from the lowest level of 48,900 (Sept. 2016) to whopping 52,100 now. Or 3,300 new jobs. Pretty much in the statistical variance over time.
Back to FCGD: even if there was a "coal revival" worthy of the term, Castenir is exactly the wrong man for the job. In addition: when the "coal lease" PR was first released, I checked a little on that property. According to some old state records, there is a coal seam in this region, but it is around four feet deep. Makes me suspect that this was a scam all along.
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