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Washington, D.C. – President Obama’s proclamation declaring October “Energy Action Month” cites the United States’ growing energy independence but ignores the primary reason: affordable, abundant, reliable coal. Coal provides nearly 40 percent of America’s electric power, making it the most used feedstock for electricity generation.

 

“Coming off the UN climate talks where President Obama peddled his Climate Action Plan to the global community, it is no surprise that he continues to falsely tout an ‘all of the above’ energy strategy while ignoring our nation’s most abundant, reliable, affordable, and used electricity fuel source: coal,” said Laura Sheehan, senior vice president of the American Coalition for Clean Coal Electricity (ACCCE). “The facts speak for themselves, coal provides nearly 40 percent of America’s power and no matter how much the president talks up less reliable, more expensive energy resources they cannot reliably meet our nation’s baseload energy demand.”

 

The president noted that renewable energy has created more than 55,000 jobs but neglected to mention the tens of thousands of jobs lost due to his administration’s costly regulations on coal power plants.

 

“While the president chases after an ill-advised politically driven climate agenda to fulfill his legacy goals, the coal-based power industry is leading the way in using our most reliable, affordable and abundant resource more cleanly and efficiently than ever before,” Sheehan said.

 

To date the coal-based industry has invested nearly $120 billion to reduce emissions by 90 percent and will spend an additional $27 billion between now and 2016.

 

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