Obama Death Blow to the Coal Industry?

Obama has made no secret of the fact that he wants to kill off the coal industry – he wants to end the use of fossil fuels of any kind and replace them with “green energy”. The potential “costs” to the taxpayers is of no consequence to him – like everything else, his ideology and fulfilling his ideals is the only thing that matters. It will be interesting to see if that changes now that he won’t be “playing” with our money anymore.

In his rush to do as many things before this time in office ends – he has another order that goes into effect mere hours before he is gone. This one could have a major impact on the coal industry IF Congress cannot gather the votes to overturn it. And if Congress can collect the votes, I’d bet our new president, would be very happy to veto this one –

Capozzola: Obama Issues Last-Minute Rule, Wants to Finish Off U.S. Coal Industry

In a rather vindictive move, his Interior Department’s Office of Surface Mining (OSM) is out with a broad new “stream rule” that could potentially designate as much as two-thirds of U.S. coal reserves off-limits to mining. In fact, a study of the rule suggests that at least one-third of America’s remaining coal jobs could be put at risk due to the restrictive nature of the rule.

The president has certainly chosen one heck of a last-minute Christmas present. The rule will actually take effect exactly one day before Donald Trump’s inauguration—thereby imposing a very late obstacle to the new administration’s quest to craft a more pragmatic energy policy.

The full text of the new regulation clocks roughly 1,640 pages. And despite OSM’s legal obligation to consult with state agencies, the final rule was drafted without the input of key mining states. What’s particularly troubling is that the regulation simply duplicates the existing oversight already being conducted by the Environmental Protection Agency, the Army Corps of Engineers, the Fish and Wildlife Service, and various states agencies.

Significantly, the actual language being proffered by OSM suggests that the minutiae of the rule is happily intended to kill off the nation’s coal industry. OSM says the rule will “result in the protection or restoration of 22 miles of intermittent and perennial streams per year.” Essentially, the rule bans mining within 100 feet of these streams, which establishes a fairly broad mandate since intermittent streams are one of the typical features of almost every wooded area in North America.

Read the full post here – http://www.breitbart.com/big-government/2016/12/22/president-obama-issues-last-minute-rule-wants-to-finish-off-u-s-coal-industry/

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