WV-Coal Official On Obama's Comments

WV-Coal Official On Obama's Comments

www.wvrecord.com

CHARLESTON - At least one state coal industry leader said he was shocked by comments Democratic presidential candidate Barack Obama made earlier this year concerning his plan to aggressively charge polluters for carbon and greenhouse gas emissions.

...."McCain understands that coal supports about 49 percent of our electricity in this country. He'll continue to make coal important. He wants to reduce our foreign dependency on oil."

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Here is the financial reality of Coal within West Virginia ALONE:

"In addition, the coal industry pays about $70 million in property taxes in the state annually, and the Coal Severance Tax adds about $214 million into West Virginia's economy. The coal industry payroll in the state is nearly $2 billion per year, and coal is responsible for more than $3.5 billion annually in the gross state product."

Remember, that is ONLY West Virginia. So now imagine the affects of such Policies upon Pennsylvania, Ohio, Kentucky, Indiana, Illinois, Texas, Colorado, Wyoming and Montana.


www.wvrecord.com
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And the USA is the Saudi Arabia of Coal. We possess over a third of the world's coal supply!

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