Every day our lives are shaped by what we see, where we go and what we do, and these actions are greatly attributed to modern conveniences powered by low cost electricity from coal. In just one day, the world is energized by 21 million tonnes of coal. Coal fuels more energy than any other source and is by far the world’s lowest cost major source of power.
Watch the video to see the power behind our modern lives.
Peabody Energy President and Chief Executive Officer Glenn Kellow today praised the Supreme Court’s decision to overturn the U.S. Environmental Protection Agency’s (EPA) Mercury and Air Toxics Standards (MATS) rule for power plant emissions.
The Obama administration, the Environmental Protection Agency and environmental activists frequently claim that climate change will disproportionately affect poor and minority communities.
This, they argue, justifies unprecedented environmental regulations like the EPA's soon-to-be-finalized "Clean Power Plan" to cut U.S. greenhouse gas emissions by 30% by 2030.
But what effect will the regulation itself have on minority communities? A new study commissioned by my organization, the National Black Chamber of Commerce, answers this question.
By Harry C. Alford, President/CEO, National Black Chamber of Commerce