Coal Powers the American Economy Forward

By ACCCE

With the 2016 elections now behind us and a new administration crafting strategies to drive the American economy forward for the next four years, the composition of our nation’s energy mix and the way in which we produce electricity is up in the air. As of 2013, the U.S. consumed 18 percent of the world’s total primary energy, despite having less than 5 percent of the global population.

As domestic manufacturing, technological development, and the expansion of infrastructure remain vital to America’s continued welfare, the importance of a reliable and efficient energy grid has never been more important. Growth requires energy—and more, it requires dependable energy.

To ensure this growth continues unimpeded, policymakers would be well-advised to make use of our nation’s vast energy reserves. Currently, America sits atop 260 billion tons of coal reserves; with an annual usage of around 917 million tons – generating roughly 30 percent of America’s electricity. That’s enough to power our country for nearly three centuries. This abundance translates into low cost, with the price markedly lower than other sources.

Coal’s abundance and affordability as a power resource are not the only benefits. The coal industry is responsible for more than 805,000 American jobs; taking into account families and dependents, millions of American livelihoods depend on coal. In 2015 alone, coal was responsible for more than $13 billion in wages and salaries.

Increasing consumption coupled with increasing demand for secure energy resourcing and production means that energy jobs—and the electricity these jobs produce—will be available to power American homes and businesses for a very long time.

 

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RT @MikeBastasch: The Coal Industry May Have ‘A Fighting Chance’ Under Trump //t.co/WPbWIw2l8A via @dailycaller

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RT @taykuy: Coal power coalition: Trump's executive orders 'good first step' So, what's next? //t.co/811JO2eQBB

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America's Power
America's PowerMar 3 at 7:57am
A bill moving through the North Dakota legislature, SB 2314 on the Senate side, would call for a study on the state’s future energy supply. Some legislators, like Senator Jessica Unruh (R-33), have called for action to “level the playing field,” as subsidies in the state for wind power often causes operators to favor those sources. Coal power provides the reliable baseload electricity that North Dakota needs, read our thoughts on the bill and North Dakota’s energy future here: http://www.americaspower.org/north-dakota-recognizes-importance-coal-fueled-baseload-electricity/
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