What you need to know about the Trump administration’s business proposals
Businesses, labor unions and environmental groups say they will lobby for a rule that would curb or eliminate a rule issued by the Trump Administration that limits coal mining on public lands in West Virginia.
The rule would require that all coal mining leases on public land be divested from mining companies by 2025 and would force them to divest their holdings in coal mines by 2040.
The Trump administration says the rule will benefit coal miners, ranchers and state governments.
The rule is set to go into effect July 1.
The West Virginia Coal Association, an industry group that represents coal companies, said in a statement that the rule “will lead to a decline in West Virginians’ access to jobs, the most important economic asset the state has, and would not help protect West Virginian forests, lakes and streams from the ravages of pollution and disease that coal mining causes.”
The American Coalition for Clean Coal Electricity said the rule could cost jobs and lead to higher electricity rates.
The coal industry is already struggling as new regulations on coal are issued by President Donald Trump’s administration.
In the wake of the rule, the U.S. coal industry announced it would not invest $300 million in the state.
Trump has said he wants to protect coal mining jobs and that the rules would help coal companies.
The Trump administration has made no secret of its intent to move forward with the rule.
Trump told reporters Thursday that he will take a “tremendous interest” in the rule and that he would seek to have the rule finalized by the end of the year.
The rules have come under fire from the environmental community, which has said they will harm water quality, air and climate.
The Obama administration issued the rule in November 2015 to require mining companies to divest from coal mining by 2025.