NMA: “Keep it in the Ground” Energy Policies Threaten American’s Prosperity
The National Mining Association (NMA) has highlighted the mounting evidence that unbalanced energy plans designed to limit America’s energy diversity are threatening the U.S. economy, communities, and access to reliable and affordable energy.
On June 14, the U.S. House Subcommittee on Energy and Mineral Resources heard testimony from those most impacted by the Administration’s assault on fossil fuels — states, schools, unions and others that depend on coal for vital state revenues and jobs. Both revenue and jobs are at risk given current administration moves to raise royalties and impose a three-year moratorium on federal coal production.
“Keep fossil fuels in the ground policies are an assault on affordable power and a threat to communities across America,” said Hal Quinn, president and CEO of NMA.
“The Obama administration’s three-year moratorium on the leasing of coal reserves located on federal lands could jeopardize almost half of domestic coal supplies, creating less fuel diversity — with serious consequences for power generation, jobs, communities and American families. We applaud H.R. 5259, which seeks to limit the moratorium and to ensure that those who are impacted by federal land management policies have a voice in decisions over their livelihoods,” added Quinn.
At the same time that H.R. 5259 offers a voice to those directly impacted by unbalanced, “keep it in the ground” policies, the Department of the Interior’s Bureau of Land Management continues to hold public meetings on the federal coal program thousands of miles away from the communities most impacted by the policies. The next three public hearings are slated for Seattle, Wash. and Grand Junction, Colo. next week, and Pittsburgh, Pa. the following week.
“Fossil fuels generate 67 percent of our nation’s electricity; wind and solar account for only 5.6 percent. That’s why keeping fossil fuels in the ground, and away from American consumers, needlessly threatens American communities, businesses and homes,” said Quinn.
Quinn urged the administration to return to the all-of-the-above energy policy that has served the nation well for generations. “A diverse mix of coal, natural gas, nuclear power, oil and renewable sources, ensures that electricity is reliable and affordable to all,” concluded Quinn.
About NMA
The National Mining Association (NMA) is U.S. mining’s advocate in Washington, D.C. and beyond. NMA is the only national trade organization that represents the interests of mining before Congress, the administration, federal agencies, the judiciary and the media — providing a clear voice for U.S. mining. NMA’s mission is to build support for public policies that will help America fully and responsibly utilize its coal and mineral resources. Headquartered in Washington, D.C., NMA has a membership of more than 300 corporations and organizations involved in various aspects of mining. NMA provides a forum for these diverse industry segments to be informed, heard and represented.
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