News
Must-read report: The decline of Central Appalachian coal
Monday, February 8th, 2010
Ken Ward Jr. reports on his Coal Tattoo blog about a new study reviewing trends in Appalachian coal production. Prospects dont look good.
Given the numerous challenges working against any substantial recovery of the region’s coal industry, and that production is projected to decline significantly in the coming decades, diversification of Central Appalachian economies is now more critical than ever. State and local leaders should support new economic development across the region, especially in the rural areas set to be the most impacted by a sharp decline in the region’s coal economy.
That’s the take-home message from a major new report issued today by the Morgantown consulting group Downstream Strategies. The report is called, “The Decline of Central Appalachian Coal and the Need for Economic Diversification.”
It’s must-read material for anyone who cares about the future of the Appalachian coalfields, and especially for elected officials who keep hoping that the next coal boom is just around the corner.
Authors Rory McIlmoil and Evan Hansen make the case that a host of factors — competition from other coal-producing regions, rising interest in natural gas and renewable energy, and the depletion of Central Appalachia’s best reserves — has prompted a decline in regional coal production that is unlikely to be reversed.
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Read the rest of his post on Coal Tattoo.
