Tuesday, June 22, 2010

Study Says Coal Industry Takes More Than It Gives

Posted by Jeff Woods on Tue, Jun 22, 2010 at 12:03 PM

oie_wmd_coal_mine2.jpg
An environmental group has produced a report claiming the coal industry is like a parasite in Tennessee. It gave roughly $1 million in tax revenue to state government but cost $1.6 million through subsidies to the industry and expenditures for road repair and mine reclamation.

"We've long suspected that citizens, as taxpayers, carry an unfair share of the externalized costs of coal mining," said SOCM Strip Mine Committee Chair, Cathie Bird. "This report takes us a huge step forward in trying to quantify some of the costs the people of Tennessee pay so that the coal industry can profit."

The report contains a critical flaw, however. In making the calculations, it fails to account for the most important number: the industry's nearly $200,000 in political contributions to Lt. Gov. Ron Ramsey over the past year. At the legislature, that trumps everything else.

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I think the test for any resource removal operation, coal-mining, oil-drilling, even rock quarrying should be does it leave the local community better off economically and at least as well off environmentally as it was before?
I don't know of a case where big Coal has ever passed the test.

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Posted by Tom Chadwell on June 22, 2010 at 7:14 PM

"An environmental group has produced a report ..."

No they haven't.

They've produced a propaganda piece.

That's all "environmental" groups are capable of doing.

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Posted by Gilbert Martin on June 23, 2010 at 8:15 AM

dead on the money...now Im waiting for a report from the American Cancer society to see how well Pilot Oil is faring....should be interesting to see how many cases of lung cancer can be atrributed to them....

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Posted by Stonefortusa on June 23, 2010 at 10:00 AM

Stoney/Gilbert,

How about throwing out a fact every now and then instead of just saluting the flag of corporatism. You could start with how much better off Tennessee is with all the out-of-state folks operating heavy equiment to haul out our resources. The report in question reports a deficit. If you disagree, you must have better information. What is it?

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Posted by Tom Chadwell on June 23, 2010 at 12:10 PM
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