You're watching...

Energy in America: Coal jobs

Details

  • Description

    Coal industry fights back against EPA regulations

  • Duration 2:22
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

So -- our series energy in America now new EPA regulations could close several power plants that run on one of our most used energy sources.

As the coal plants out of West Virginia -- the coal industry provides about.

40000.

Jobs alone.

Does he always in Washington -- this morning Q what did you find when you're in West Virginia and that's good morning.

Well -- it's -- we learned that a lot of people believe these new EPA proposed rules to restrict carbon dioxide emissions are in effect a death knell for new coal fired power plants.

Environmentalists praise these new rules as a viable defense against climate change.

But in West Virginia coal country people across the spectrum of politics and industry fear the regulations will shut down his -- twenty to 25%.

Of coal fired plants.

That's gonna threaten.

The economy in this country it's gonna put thousands of people lot of work.

School systems are gonna going to failure because they won't have the tax -- should be you would do it this is a very dangerous thing they've done and it's all based based on.

An economic model.

And unrealistic.

Standard that they set.

The new rules require coal fired plants to install new technology called carbon capture and -- but it's tremendously expensive and not commercially available.

We've spent ten billion dollars on air pollution control equipment.

And when we looked at the way the maps rules were structured.

We just could not justify spending the money on some of these smaller older units it just didn't work for us.

The Obama administration is banking on newly accessible resources of natural gas in the process of fracking to make up for the loss -- cold and they're finding a lot of natural gas down there but can that make up for the cold deficit that would be imposed by these new rules.

You -- -- right natural gas is increasingly plentiful increasingly cheap but -- still provides about 45%.

Electricity for the United States and natural gas.

It's tricky to transport and to store which is led to price spikes in the past.

They're telling us that you're gonna see at least -- 30% increase.

In your electric bill now.

And consider that nearly 200000 people work in the coal industry with.

That tens of thousands more employed -- related industries a lot of those people really fearing for their jobs indeed there are -- thank you for that Doug -- -- with a look at energy in America.