American Coal Council looks forward to working with Trump

The American Coal Council recently congratulated Donald Trump on his victory in the presidential election and said it looked forward to working with his incoming administration based on his promises to revive the competitiveness of coal.

The council highlighted America’s coal resources, which are larger than any other country’s, and praised Trump’s views on domestic energy. Additionally, the council recognized Trump’s campaign rhetoric related to reducing bureaucracy and regulations and increasing efforts to retain and grow U.S. industrial and manufacturing jobs.

The council highlighted the importance of protecting investments in coal energy generation in light of numerous permanent plant closures, which it attributed to loss of coal demand.

“The coal sector has been devastated by lower demand and job loss in recent years due to the mounting impact of regulations pointed squarely at our industry,” American Coal Council CEO Betsy Monseu said. “These regulations have significantly increased the cost of coal for electricity generation and industrial use, made it less competitive against other fuels and resulted in the closure of a large number of coal plants. Rather than offer environmental benefits, regulatory streamlining and business planning certainty, regulations have become about costs, administrative burdens and lost jobs.”