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This is the Pennsylvania Coal Mine President Trump Referenced in Paris Climate Accord Announcement

 

 

June 2, 2017 - A few months ago, CBS21's Courtney Highfield reported on President Donald Trump's plans to revive the coal industry and the possibility of a coal revival in Pennsylvania.

 

Economists and coal experts were hopeful, but said they did not see how the president would be able to bring back an industry that was so far gone.


But a company in Somerset County figured out a way to bring coal back to that region and says it is in part thanks to President Trump.

 

Corsa Coal Corporation is opening a new deep mine in Somerset County. It is the first mine to open in the area in years.

 

The CEO tells CBS21 News it is part due to the supply and demand created by the president's recent initiatives.


"We entered this area of southwestern Pennsylvania back in 2013," George Dethlefsen the CEO of Corsa Coal Corp said.

 

They cut costs and they waited for things to turn around, which the CEO says happened over the last 12 months.

 

"The steel industry is enjoying profitability, very good growth globally, both in the US and China and other places. There's now a shortage of metallurgical coal for many of the same reasons as before -- Chinese policy has restricted supply and causes shortages," he explained.


When things started looking up, they were able to start planning and bringing this coal mine to life.

 

"That was a big decision for us. No mines have been built in this area for several years. We really were one of the first groups to take the plunge, so to speak, and put in a new project, spend money to do that," he said.

 

Dethlefsen says the project will cost them roughly $15 million.

 

He added the Trump Administration has made the inroads more accessible.


"It's removed the taboo nature of investing in a coal project for many people so that has a big impact on lender relations, investor relations. It's now safe to take a coal project to your investment community or to your credit committee," he said.

 

Dethlefsen says President Trump's pro-business outlook has also helped -- A move he says will help the community, as well.

 

They expect to hire 70 new employees in 2017, with that number growing to 100 in 2018.

 

He expects a number of indirect impacts, as well.

 

"In terms of the economic impact on the area, we see a five to six times multiplier on that in this local area, so that's everything from truck drivers to machine guys to bartenders to everything, hospital employees. So, we think for the local Somerset County area, 500 to 600 indirect job impact," he explained.

 

He expects the jobs they create and the mine to last well over a decade.

 

"As we see it right now, it's at least a 15-year project. We really see this as a cornerstone at the company for the next 15 years," Dethlefsen said.

 

The grand opening of the mine is scheduled for mid-June.


President Donald Trump says the Paris accord is more about other nations gaining a "financial advantage" over the U.S. than it is about climate change.

 

The president is speaking in the White House Rose Garden Thursday where he just announced America's withdrawal from the Paris climate change accord.

 

Trump says, "This agreement is less about the climate and more about other countries obtaining a financial advantage over the United States."


The president said the agreement gives "countries an economic edge over the United States," adding, "that's not going to happen while I'm president."

 

He says that he is seeking to create a "level playing field" and establish the "highest standard of living, highest standard of environmental protection."

 

The announcement fulfills one of Trump's top campaign pledges. But it also undermines world efforts to combat global warming.

 

The U.S. had agreed under former President Barack Obama to reduce emissions to 26 percent to 28 percent of 2005 levels by 2025 — about 1.6 billion tons.