West Virginia’s coal industry faces huge drop

Posted by Robyn, May 23, 2013

wcoalCoal production in Southern West Virginia and the rest of central Appalachia will continue to plummet over the next 30 years, according to a new report that examines multiple stresses that are pressuring the region’s mining industry.

The report, from the Morgantown-based environmental consulting firm Downstream Strategies, says current government estimates project production to drop by 53 percent between 2011 and 2040.

Downstream Strategies cites a familiar list of factors driving the decline: the mining out of the best and easiest-to-reach coal reserves, historically low natural gas prices, competition from other coal basins, and a series of federal rules aimed at reducing coal’s environmental impacts.

via Region’s coal industry faces huge drop, report says  – News – The Charleston Gazette – West Virginia News and Sports –.

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