Lignite provides US$7 billion per year boost to Texan economy

Lignite creates just over US$7 billion/yr in economic benefits in Texas, according to a new report from the Center for Economic Development and Research (CEDR) at the University of North Texas.

“This evidence-supported study proves one again that lignite mining and related industries are essential to the production of goods services and infrastructure that stole the engine of our economy and contribute to the comfort and convenience of our daily lives,” said Ches Blevins, Executive Director of the Texas Mining and Reclamation Association, which commissioned the report.

The study looks at the impact of lignite mining, the manufacture of activated carbon from lignite and coal-fired power generation on the Texan economy. Combined, these industries support over 24,000 jobs that pay US$1.8 billion in labour income and inject more than US$693 million in revenue to state and local governments.

“Lignite coal operations help to drive the Texas economy and are necessary to provide a stable, affordable energy mix for the state,” commented Dr Michael Seman, Senior Research Associate at the CEDR.

"Beyond the numbers, lignite coal mining operations are important components of their surrounding communities," concluded Seman. "From employees volunteering at local schools and as first responders to the wide range of employment opportunities and careers provided in rural regions of the state, the holistic value of lignite coal mining in Texas is significant."

Written by Jonathan Rowland.

Read the article online at: https://www.worldcoal.com/coal/14012015/lignite-provides-boost-to-texan-economy-coal1743/