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Without coal, our economy could take a serious hit. According to a 2006 Pennsylvania State University study, the U.S. could lose up to 6.8 million jobs and $1 trillion of gross economic output by 2015 if coal was removed from our energy mix.
The study also found that the production of domestic coal has expanded from 560 million tons in 1950 to 1.13 billion tons in 2005, while coal consumption for electricity generation has increased from 92 million tons to 1.04 billion tons in this same period.
With Labor Day just around the corner and thousands of Americans in need of jobs, this is certainly an exciting prospect and one more reason to support American coal as part of our balanced energy mix.
Friday, September 4, 2009
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