China today announced it will not accept any coal from North Korea from now until the end of the year (Western year, not Chinese).
Enter West Virginia coal.
This is a great opportunity to put miners back to work.
One-third of the coal mined in this state is sold overseas. The No. 10 U.S. export to China is coal. So the supply line is there, and ready to expand.
West Virginia is the Saudi Arabia of coal.
Earlier today, in response to an Instapundit link on coal being hurt by fracked gas even with ending the EPA rule, I observed:
Glenn, you are right about gas but this gives coal a chance to stay in the game. America needs the mining industry for a variety of reasons that go beyond the consumption of coal. The export of mining equipment and the development of mining technology will pay off even as India and China expand their mining operations. Plus having trained miners (and it is a highly skilled occupation) gives us flexibility to expand coal mining quickly. We made our last TV in 1995. That meant we missed the HD TV and flat-screen TV business years later. Let's not do that with coal. Besides dumping rocks over the hillside is not pollution and they know it at EPA.I go over this in a little more detail in "Trump the Establishment."
My point is coal mining is not dead in the United States in general or West Virginia in particular. The same people who want to kill coal pronounced oil and gas dead in the United States 20 years ago.
How serious the Chinese Communists are about punishing North Korea, I do not know.
But I do know that China importing more coal will help West Virginia.
From the Washington Post:
China will suspend all imports of coal from North Korea until the end of the year, the Commerce Ministry announced Saturday, in a surprise move that would cut off a major financial lifeline for Pyongyang and significantly tighten the effectiveness of U.N. sanctions.
Coal is North Korea’s largest export item. The ministry said the ban would come into force Sunday and be effective until Dec. 31.
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