My thoughts on the big news that Arch is accelerating its exit from thermal coal: Our country has been shifting away from coal for the last ten years, because coal can no longer compete with the affordable clean energy that the public is demanding. 1/ https://www.marketwatch.com/story/arch-resources-to-shrink-coal-operations-2020-10-22">https://www.marketwatch.com/story/arc...

Arch& #39;s decision to finally act on that reality is a clear signal that the decline of coal in the US won& #39;t be reversed, which is why it& #39;s so essential to support a fair and robust national transition for workers and communities as we move to a clean energy economy. 2/

Arch and other coal companies must avoid the & #39;cash grab& #39; that we are seeing around the country, where companies renege on their workers& #39; promised benefits and refuse to help local jurisdictions economically deal with the coal industry& #39;s shrinking presence. 3/

Arch must put together a transition plan that helps people other than their executives and shareholders, and focus instead on paying back and paying forward what local working families and governments have sacrificed for them. 4/

That& #39;s the only way the transition away from coal will be fair, and the only way we can successfully build a just clean energy economy. END