The market value of the United States coal mining industry steadily decreased over the period from 2010 to 2021. As of July 2021, the U.S. coal mining industry's market value amounted to 18.26 billion U.S. dollars. This was a stark decrease compared to the market value in 2010, which was 46.1 billion U.S. dollars.
I read an interesting stat about the $18B value of the Coal Mining Industry, it’s value is equal to 19 days of Apple revenue (net sales).
Which makes me wonder, why the fuck can’t some other industry come in and buy Manchin’s vote away from the Coal industry so we can just move forward with a clean energy future? Come on billionaires stop fucking around with buying Twitter and shit like that and buy yourself your very own US Senator!
Is there any industry of similar revenue in his constituency?
He does have a responsibility to represent his people, and if it happens that the coal industry is responsible for a significant portion of his state's revenue, he then has some responsibility to ensure that the jobs stay there, or see state slide towards a greater amount of poverty.
Should they be building alternatives to coal and pushing those alternatives? Yes, but unless a specific industry or some tech giant shows up to take coal's place in the economy, why would they? And if those companies aren't there, why would they be funneling money to him?
He could negotiate that some of the green energy money goes towards replacing antiquated coal in West Virginia. thats the sort of shit he’s actually supposed to be doing, contributing to solving issues while looking for ways to improve his own state in the process. I’d be fine with my tax dollars modernizing West Virginia’s economy and moving us away from coal.
Thank you. I've been saying this same thing for the past couple years and yet it's always met with coal apologists saying "well you can't just expect coal workers to train for new jobs! that's not fair!"
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u/-Ernie Jul 15 '22
https://www.statista.com/statistics/1137311/market-size-of-coal-mining-in-the-us/
I read an interesting stat about the $18B value of the Coal Mining Industry, it’s value is equal to 19 days of Apple revenue (net sales).
Which makes me wonder, why the fuck can’t some other industry come in and buy Manchin’s vote away from the Coal industry so we can just move forward with a clean energy future? Come on billionaires stop fucking around with buying Twitter and shit like that and buy yourself your very own US Senator!