MARKETS

Coal adds fuel to fire in Kentucky senate race

AS POLITICIANS grapple for Kentucky's senate seat, the state's top industry has become the hottes...

Sadie Davidson
Coal adds fuel to fire in Kentucky senate race

Coal is proving to be the big political point scorer as Republican Mitch McConnell and Democrat Alison Lundergan Grimes each try to convince voters they will save the coal industry by opposing the US Environmental Protection Agency’s latest regulations.

Grimes has consistently declared her love of coal through radio appearances and state-wide newspaper publications. The Grimes campaign even released photos of her touring a Floyd Co coal mine.

Meanwhile, McConnell introduced what he called The Coal Country Protection Act and has regularly featured on local TV.

Ultimately, the person who gets the most votes will be the one who promises to secure the most jobs.

However, whether either will actually come through with the goods is another issue entirely.

The coal industry employs thousands of people across the state, and many of the jobs are very well paid compared to those in neighbouring states.

The cheap, locally sourced electricity attracts big business, which has created a thriving local economy.

There are fears the EPA’s regulations to cut carbon emissions could cause this to crumble.

Geography is also a major player in the forthcoming elections. Both sides are vying for the coal counties in east and west Kentucky.

“There's a lot of Democrats there [Western Kentucky] who are conservative-minded Democrats,” Jefferson County Republican Party chairman Nathan Haney told local media.

“If they switch over and vote for Alison Grimes, it's going to be tough for us.”

In order to secure votes, Grimes will have to speak out against her own party leader, President Barack Obama.

The President’s lack of popularity in Kentucky looks to be a big hurdle for Grimes to overcome, but according to the most recent opinion poll, both candidates are still very much in the running.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets