03 September 2020

To fight climate change, strand fossil fuel assets, not workers


The Hobet-21 coal site in Boone County, W. Va., was on its last legs in 2014, when environmental groups brought a renewed campaign against it. The mountaintop removal mine survived decades of bankruptcies, lawsuits and the increasingly untenable economics of coal. Executives flipped their liabilities from one owner to the next, even as they received multi-million dollar buyouts. When the site finally closed the following year, hundreds of ex-miners and their families were left with a scarred [...]