You are here

Home

White House targets $38B to aid coal sector transition, but it's likely not enough, analysts say

Submitted by x332349 on Mon, 04/26/2021 - 00:00

By Emma Penrod - Utility Dive, April 26, 2021

Dive Brief:

  • Existing federal programs have up to $38 billion in unspent funds available that could be used to spur job creation in communities impacted by the decline of the coal industry, according to a report released Friday by the White House Interagency Working Group on Coal and Power Plant Communities and Economic Revitalization.

  • President Joe Biden "is taking real steps to address the problems head on and not gloss over and say everything's going to be fine for workers because we're going to create a bunch of jobs," said Carol Zabin, director of the Green Economy Program at UC Berkeley's Center for Labor Research and Education. "He's saying everything can be fine, if we make those jobs union."

  • While likely necessary to maintain public support for cutting carbon emissions, it remains to be seen whether the policies outlined in the report will spur economic recovery in affected communities, according to Zabin and Ed Crooks, vice-chair of Americas for energy research and consulting firm Wood Mackenzie.

For a deeper dive, read the rest of the article here.

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author.

Tags: 
Joe Biden
just transition
coal
mine workers
jobs
energy transition
decarbonization
Barack Obama
Clean Power Plan

The Fine Print I:

Disclaimer: The views expressed on this site are not the official position of the IWW (or even the IWW’s EUC) unless otherwise indicated and do not necessarily represent the views of anyone but the author’s, nor should it be assumed that any of these authors automatically support the IWW or endorse any of its positions.

Further: the inclusion of a link on our site (other than the link to the main IWW site) does not imply endorsement by or an alliance with the IWW. These sites have been chosen by our members due to their perceived relevance to the IWW EUC and are included here for informational purposes only. If you have any suggestions or comments on any of the links included (or not included) above, please contact us.

The Fine Print II:

Fair Use Notice: The material on this site is provided for educational and informational purposes. It may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. It is being made available in an effort to advance the understanding of scientific, environmental, economic, social justice and human rights issues etc.

It is believed that this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have an interest in using the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. The information on this site does not constitute legal or technical advice.