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One ton of coal was valued at about $85 last May. Now, it’s worth nearly four times as much, hovering at about $320.
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Two major funds meant to address those legacy impacts depend almost entirely on the declining revenues of the coal industry and the will of Congress to remain solvent. Now, both are due for renewal, and could be reduced, or even allowed to expire.
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Kentucky Coal Production, Employment Decline Slows in 1st QuarterA decade ago, Kentucky coal mines produced more than 27 million tons and employed more than 18,000 workers.Demand Kentucky coal production and employment…