We hope that as Murray Energy works to find a solution that will allow them to continue to operate, they remember that thousands of people depend on them for their livelihoods
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Murray Energy is one of the largest coal companies in America, their bankruptcy has without a doubt put both current employees, & retired miners on edge As this continues to play out, our office's number 1 priority will be preserving jobs & finding a solution for miners' pensions
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In the face of yet another coal bankruptcy, we must look for ways to help ensure a market for coal exists by promoting fuel security and grid resilience.
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Murray Energy’s announcement not only highlights the dire state of coal but the fast-approaching insolvency of the UMWA 1974 Pension Fund.
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As the last large company paying into the pension fund, their bankruptcy only moves forward the timeline for insolvency. I urge Speaker Pelosi to see the gravity of the situation and bring our legislation, Miners Pension Protection Act (H.R. 935), to the floor for a vote
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End of conversation
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One of the many reasons we need to get ahead of the problem. Coal is dying, let it go (it wasn't just Obama's EPA). Work on shoring up the pension fund and retraining miners for other industries so they can find work. Read the writing on the wall and move forward.
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So tell me, are you going to start ranting about a Trump "War on Coal" now? No? I didn't think so!
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