America’s economic health is on everyone’s mind these days. And how we rebuild our economy and create jobs is at the forefront of our national debate. Providing businesses with a reliable supply of affordable electricity is key to getting our economy back on track so we can maintain existing jobs and create millions of new ones.
Coal, and coal-fueled power plants, can also be a boon for local economies.
In fact, a study conducted by researchers at Pennsylvania State University, and funded by ACCCE, looked at direct and indirect jobs associated with coal because of access to low-cost energy. The study found that U.S. coal production, transportation and consumption for electric power generation will contribute more than $1 trillion of gross output – including 6.8 million jobs – directly and indirectly to the economy of the contiguous United States in 2015.
Coal’s affordability adds up to more money in the pockets of U.S. consumers, a better bottom line for business and a more vigorous American economy.