On Friday, Joe Biden attended an event in Carlsbad, California, where he announced that he plans to shut down all of America’s coal plants because they cost “too much money,” despite the coal industry being a major contributor to the U.S. economy.
“I was in Massachusetts about a month ago on the site of the largest old coal plant in America,” Biden said. “Guess what? It cost them too much money, they can’t count – No one is building new coal plants because they can’t rely on it. Even if they have all the coal guaranteed for the rest of the existence of the plant.”
“So it’s going to become a wind generation,” he continued. “And all they’re doing is, they’re going to save them a hell of a lot of money and using the same transmission line that transmitted the coal-fired electric on. We’re gonna be shuttin’ these plants down all across America and having wind and solar power, also providing tax credits to help families buy energy-efficient appliances, whether it’s your refrigerator or your coffee maker, for solar panels on your home, weatherize your home, things that save an average, experts say, a minimum of $500 a year for the average family.”
He added that it is “cheaper to generate electricity from wind and solar than it is from coal and oil,” insisting that this is “not a joke.”
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The Republican National Committee quickly hit back on Twitter, saying, “Joe Biden celebrates coal plant workers losing their jobs.”
Joe Biden celebrates coal plant workers losing their jobs.
“We’re going to be shutting these plants down all across America.” pic.twitter.com/0DZk0MZHa8
— RNC Research (@RNCResearch) November 4, 2022
A report from the Department of Energy revealed major job loss in the fuel industry after Biden promised to move the United States away from fossil fuels while campaigning for president.
According to the National Mining Association, coal is essential to the U.S. economy not only for its employment numbers but also because of its economic benefits.
It employs over 300,000 people, all of whom would be out of a job if Biden follows through on his promise to shut down the coal plants across America. Coal also provides affordable electricity to households and businesses across the country.
In 2021, about 61% of the country’s electricity generation was from fossil fuels, the most abundant of which is coal.