Coal industry lobbyists and politicians have been urging the Obama administration to ease up on its regulatory agenda and craft carbon dioxide emission rules that would allow the coal industry to survive.
All the while, reports indicate that hundreds of coal plants are slated to be shut down in the coming years.
The unveiling of President Obama?s plan to cut carbon dioxide emissions from coal-fired power plants earlier this summer stoked the fears of coal supporters who have already been hit hard by stricter environmental regulations.
However, the industry is not going down without a fight. (more…)