Coal Company Cuts 500 Jobs, Blames Environmentalists

Which category does this job loss fall under: created or saved?

A Pittsburgh-based coal company, CONSOL Energy, will lay off nearly 500 of its West Virginia workers next year and its CEO blames environmentalists dead-set against mountaintop mining who have waged “nuisance” lawsuits for the job loss.

But CONSOL Energy’s political problems are not unique to the mining industry, which has suffered under the Obama Administration. The Environmental Protection Agency is already holding 79 surface mining permits in West Virginia, Kentucky, Ohio and Tennessee. The EPA says these permits could violate the Clean Water Act and warrant “enhanced” review. And, agency went even further in October, announcing plans to revoke a permit for the Spruce No. 1 Mine in West Virginia.

The latest setback for the coal industry was announced on Tuesday when CONSOL Energy said close to 500 workers would lose jobs at their Fola Operations location near Bickmore, West Virginia in February 2010.

CEO Nicholas J. DeIuliis said the poor economy compounded by legal challenges by environmental activists forced CONSOL to slash jobs.

The first of what is to come? Don’t forget what Obama said in the past about bankrupting the coal industry:

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