A recent article in Bloomberg News —“Bust Hits America’s Cowboy Coal Basin After 40 Years of Boom”— talking about coal in both Wyoming and Montana. They describe the unquestionably difficult times that have fallen on the Powder River Basin, as bankruptcies, lost jobs and declining tax revenues fill the recent headlines.
But we must remember with the recent EPA regulation reductions by the Trump administration things are really making some significant changes.
It is also important to recognize that the coal plants of today are dramatically cleaner than those of yesteryear, having achieved emissions reductions of more than 90 percent thanks to technological advances and responsible regulations. Unfortunately, the “keep it in the ground” approach of today’s environmental activists aims to eliminate fossil fuels entirely, making every American pay more for their energy.
We talk coal, energy and prices in general in both Montana and Wyoming with a true expert, Dan Byers with the the institute for 21st energy and the U.S. Chamber of Commerce.
Vice President, Policy
Institute for 21st Century Energy
U.S. Chamber of Commerce
1615 H Street NW
Washington, DC 20062