Biden Can’t Save U.S. Coal, But He Can Help The Miners

Margaret Thatcher hated the UK’s coal miners and especially their union. A series of brutal strikes divided the nation during her regime. But when the time came to deal with an overly expensive coal industry, she did not just lower the boom and walk away. She forced government owned electric companies to sign multiyear contracts to purchase coal. That gave coal mines an opportunity to improve productivity before contracts ended, and perhaps become competitive enough to save their businesses. And while they did become more efficient, natural…