The Cost of Coal
February 1st, 2006By Lindsey Godwin
What is the cost of coal? In January the dollar value for a short ton of coal ranged between $19.15 and $58.25. Recent events in the mountain state of West Virginina, however, have caused the region, and perhaps the nation, to re-examine how we measure the price of this combustible rock. With only 32 days elapsed in 2006, WV has already lost 16 miners — the equivalent to one every other day. As a native of the small town that unexpectedly ended up on the front pages in January after the first mining accident claimed 12 miner’s lives, I have become one of the many voices who is interested in examining the true cost of coal. Rather than re-state them here, I will invite you to read my ideas in the recent op-ed piece I wrote for our newsletter, “Freeing Mountaineers from the Coal Economy.”
The story continues today in the wake of two more fatalities, and it seems that WV’s Governor Manchin has decided that 16 lives is too high a price to pay for coal. He has asked that, “the industry cease production activities immediately and go into a mine safety stand down.”
The new twist in this complicated story raises so many questions for me, including:
- How many lives must be lost before we decide that an industry is unsafe?
- In what industries would 1 life lost be too many?
- When will we include the environmental costs of pollution and strip-mining in the price of coal?
This issue is not isolated to the hills of Appalachia, or even to the U.S. On the other side of the globe, over 200 Chineese coal miners lost their lives after an explosion earlier this week. China’s mines are actually the world’s deadliest, with over 6,300 deaths last year in mine floods, explosions and fires. Where do these losses figure into the price of coal? And how many lives lost would lead to mine closings there?
Personally though, as someone born and raised in the coal belt of the U.S., my emotions continue to swell with each new chapter of this drama, and my mind is swirling with various facts and opinions. Every day, my questions seem to be increasing and my certainty about answers diminshing. I invite reflections and comments from others as we all continue to explore the true cost of coal.
B·A·W·B·Log Feeds